How has been the historical performance of the PNB Gilts?

Answer:The historical performance of PNB Gilts shows a fluctuating trend in key financial metrics over the years.

Breakdown:
PNB Gilts has experienced significant growth in net sales, increasing from Rs 507.79 crore in March 2019 to Rs 1,675.98 crore in March 2025. Total operating income followed a similar trajectory, rising from Rs 507.79 crore in March 2019 to Rs 1,675.98 crore in March 2025. However, the company faced challenges with operating profit, which peaked at Rs 624.67 crore in March 2021 but fell to Rs 311.88 crore by March 2025. The profit before tax also showed volatility, reaching a high of Rs 614.35 crore in March 2021 before declining to Rs 310.95 crore in March 2025. Despite these fluctuations, profit after tax improved significantly from a loss of Rs 77.22 crore in March 2023 to a profit of Rs 233.03 crore in March 2025. The company's total liabilities increased from Rs 9,521.07 crore in March 2019 to Rs 24,524.82 crore in March 2024, reflecting a growing debt profile. Cash flow from operating activities remained negative in recent years, with a notable outflow of Rs 2,875 crore in March 2024, although the net cash inflow turned positive at Rs 282 crore in the same period. Overall, while PNB Gilts has shown growth in sales and net profit recovery, it continues to navigate challenges related to operating profit and cash flow management.