How has been the historical performance of the India Cements?

Answer:The historical performance of India Cements shows a fluctuating trend in key financial metrics over the years. Breakdown: India Cements' net sales have seen a decline from Rs 5,608.14 crore in March 2023 to Rs 4,148.78 crore in March 2025. This downward trend is reflected in total operating income, which also decreased from Rs 5,608.14 crore in March 2023 to Rs 4,148.78 crore in March 2025. The company's total expenditure, excluding depreciation, peaked at Rs 5,751.24 crore in March 2023 before dropping to Rs 4,531.03 crore in March 2025. Operating profit (PBDIT) has been negative in the last two years, with a loss of Rs 382.25 crore in March 2025, following a loss of Rs 143.10 crore in March 2023. Profit before tax has also been negative, with a loss of Rs 171.34 crore in March 2025 compared to a loss of Rs 377.77 crore in March 2023. The net profit has remained negative as well, recording a loss of Rs 132.16 crore in March 2025, following a loss of Rs 169.82 crore in March 2023. On the balance sheet, total liabilities decreased from Rs 11,467.22 crore in March 2023 to Rs 10,700.63 crore in March 2024, while total assets also decreased from Rs 11,467.22 crore to Rs 10,700.63 crore in the same period. Cash flow from operating activities has shown variability, with a positive cash flow of Rs 343 crore in March 2024, contrasting with a negative cash flow of Rs 19 crore in March 2023. Overall, the financial performance of India Cements indicates significant challenges, particularly in profitability and revenue generation over the past few years.