How has been the historical performance of the Kiri Industries?

Answer:The historical performance of Kiri Industries shows significant fluctuations in key financial metrics over the years, particularly in net sales, operating profit, and net profit.

Breakdown:
Kiri Industries' net sales have seen a decline from Rs 1,496.91 crore in March 2022 to Rs 740.03 crore in March 2025, with a notable drop in March 2023 to Rs 945.07 crore. The total operating income followed a similar trend, reflecting the same figures as net sales. Raw material costs peaked at Rs 1,021.09 crore in March 2022 but decreased to Rs 435.32 crore by March 2025. Operating profit (PBDIT) turned negative in recent years, reaching -Rs 53.92 crore in March 2025, compared to a positive Rs 121.29 crore in March 2022. Profit before tax also declined sharply, resulting in a loss of Rs 110.69 crore in March 2025, down from a profit of Rs 68.32 crore in March 2022. The net profit has remained negative since March 2023, with a loss of Rs 108.43 crore in March 2025. Despite these challenges, consolidated net profit showed an increase to Rs 264.74 crore in March 2025, attributed to share in profit of associates. The company's total liabilities increased from Rs 2,058.35 crore in March 2019 to Rs 3,392.42 crore in March 2024, indicating a rising debt burden. Cash flow from operating activities turned negative in March 2024, reflecting ongoing operational challenges. Overall, Kiri Industries has experienced a volatile financial trajectory, marked by declining sales and profitability alongside increasing liabilities.