How has been the historical performance of the Texmo Pipes?

Answer:The historical performance of Texmo Pipes shows significant fluctuations in key financial metrics over the years.

Breakdown:
Texmo Pipes experienced a decline in net sales from Rs 638.44 crore in March 2023 to Rs 391.20 crore in March 2025. This downward trend is mirrored in total operating income, which also decreased from Rs 638.44 crore in March 2023 to Rs 391.20 crore in March 2025. The raw material costs followed a similar pattern, dropping from Rs 462.04 crore in March 2023 to Rs 229.34 crore in March 2025. Despite these challenges, the operating profit (PBDIT) improved from a loss of Rs 31.18 crore in March 2023 to a profit of Rs 37.21 crore in March 2025. Profit before tax also showed a positive trend, increasing from a loss of Rs 66.94 crore in March 2023 to a profit of Rs 17.33 crore in March 2025. Consequently, profit after tax rose from a loss of Rs 71.76 crore in March 2023 to a profit of Rs 17.97 crore in March 2025. The earnings per share (EPS) reflected this recovery, moving from a negative Rs 24.58 in March 2023 to Rs 6.57 in March 2025. On the balance sheet, total liabilities increased from Rs 306.94 crore in March 2023 to Rs 347.03 crore in March 2024, while total assets also rose from Rs 306.94 crore to Rs 347.03 crore in the same period. Overall, while Texmo Pipes faced significant challenges in revenue generation, it managed to improve its profitability metrics significantly by March 2025.