How has been the historical performance of Tour. Fin. Corp.?

Answer:The historical performance of Tour. Fin. Corp. shows a mixed trend over the past two years, with some improvements in profitability metrics despite a slight decline in net sales.

Breakdown:
In the fiscal year ending March 2022, Tour. Fin. Corp. reported net sales of 254.19 Cr, a decrease from 258.45 Cr in March 2021. Total operating income mirrored this trend, remaining at 254.19 Cr in March 2022 compared to 258.45 Cr the previous year. The company's total expenditure, excluding depreciation, decreased to 24.91 Cr from 27.42 Cr, contributing to an operating profit (PBDIT) of 229.41 Cr, slightly down from 231.08 Cr. Interest expenses also declined to 120.04 Cr from 130.12 Cr, leading to a profit before tax of 107.89 Cr, an increase from 99.82 Cr. Consequently, profit after tax rose to 85.31 Cr from 80.71 Cr, resulting in a PAT margin improvement to 34.36% from 31.23%. The company's total assets increased to 2,236.79 Cr from 2,177.68 Cr, while total liabilities also rose to 2,236.79 Cr from 2,177.68 Cr. Cash flow from operating activities showed a significant recovery, reaching 138.00 Cr in March 2022, compared to a negative cash flow of -171.00 Cr in March 2021. Overall, while sales declined, profitability and cash flow metrics improved, indicating a positive trend in operational efficiency.