How has been the historical performance of TRF?

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

Breakdown:
TRF's net sales have experienced a downward trend, decreasing from 237.06 Cr in Mar'19 to 120.73 Cr in Mar'25. The total operating income followed a similar pattern, peaking at 177.10 Cr in Mar'23 before dropping to 120.73 Cr in Mar'25. Operating profit (PBDIT) also saw a decline from 107.60 Cr in Mar'23 to 47.50 Cr in Mar'25, reflecting a decrease in operating profit margin from 33.66% to 24.56% over the same period. Profit before tax and profit after tax mirrored this trend, with profit before tax falling from 80.84 Cr in Mar'23 to 30.93 Cr in Mar'25, and profit after tax decreasing from 87.55 Cr to 25.79 Cr. The company's total assets decreased from 570.21 Cr in Mar'20 to 339.32 Cr in Mar'25, while total liabilities also reduced from 424.49 Cr to 339.32 Cr in the same timeframe. Cash flow from operating activities showed improvement, rising from -37.00 Cr in Mar'22 to 33.00 Cr in Mar'24, contributing to a net cash inflow of 49.00 Cr in Mar'24. Overall, TRF's financial performance reflects a challenging environment with a gradual recovery in cash flow but persistent declines in sales and profitability metrics.