How has been the historical performance of True Green?

Answer:The historical performance of True Green shows significant fluctuations in its financial metrics over the years, particularly from March 2019 to March 2025.

Breakdown:
True Green's net sales have seen a drastic decline from 296.16 Cr in March 2022 to just 23.29 Cr in March 2025, with no sales recorded in the previous two years. Operating income followed a similar trend, dropping from 296.16 Cr in March 2022 to 23.29 Cr in March 2025. The total expenditure, excluding depreciation, also decreased significantly from 282.31 Cr in March 2022 to 23.02 Cr in March 2025. Operating profit turned negative in recent years, with a loss of 1.22 Cr reported in March 2025 compared to a profit of 9.50 Cr in March 2022. The company's total liabilities surged from 90.72 Cr in March 2023 to 312.26 Cr in March 2025, primarily due to an increase in long-term borrowings. Cash flow from operating activities has been negative since March 2025, reflecting ongoing financial challenges, while cash flow from financing activities showed a positive inflow of 185.00 Cr in the same period. Overall, True Green's financial health appears to have deteriorated significantly, with increasing losses and liabilities alongside declining revenues.