How has been the historical performance of True Green?

Answer:The historical performance of True Green shows significant fluctuations over the years, particularly in net sales and profitability. In March 2025, net sales were reported at 23.29 Cr, a stark decline from 296.16 Cr in March 2022, indicating a substantial drop in revenue generation. Operating profit, which was 16.39 Cr in March 2022, turned negative in the subsequent years, culminating in a loss of 1.22 Cr by March 2025. The company's total expenditure has also seen a dramatic decrease, from 282.31 Cr in March 2022 to 23.02 Cr in March 2025. This reduction in costs has not been sufficient to offset the decline in sales, leading to negative profit after tax figures, which reached -1.22 Cr in March 2025.

The balance sheet reflects a growing total liability, which rose to 312.26 Cr in March 2025 from 111.83 Cr in March 2024, primarily due to an increase in long-term borrowings. Shareholder's funds increased to 115.93 Cr in March 2025, up from 88.74 Cr in March 2024, indicating a strengthening equity position despite the losses. Cash flow from operating activities has been negative at -31.00 Cr in March 2025, contrasting with a positive cash flow of 2.00 Cr in March 2024. Overall, True Green's financial performance has been marked by volatility, with significant challenges in maintaining revenue and profitability.

Breakdown:
True Green's financial performance has been characterized by a significant decline in net sales, dropping from 296.16 Cr in March 2022 to just 23.29 Cr in March 2025. Operating profit has also deteriorated, moving from a positive 16.39 Cr in March 2022 to a loss of 1.22 Cr in March 2025. Total expenditure decreased sharply from 282.31 Cr in March 2022 to 23.02 Cr in March 2025, but this reduction has not compensated for the loss in sales. The company has seen its total liabilities rise dramatically to 312.26 Cr in March 2025, largely due to increased long-term borrowings, while shareholder's funds improved to 115.93 Cr. Cash flow from operating activities has been negative at -31.00 Cr in March 2025, reflecting ongoing operational challenges despite a positive cash flow in the previous year.