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 dramatic 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. The total operating income followed a similar trend, dropping from 296.16 Cr in March 2022 to 23.29 Cr in March 2025. The company's operating profit, which was 16.39 Cr in March 2022, turned negative in subsequent years, culminating in a loss of 1.22 Cr by March 2025. The profit after tax also reflected this downturn, moving from a profit of 7.83 Cr in March 2022 to a loss of 1.22 Cr in March 2025. On the balance sheet, 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, which rose from 0.11 Cr in March 2024 to 163.43 Cr in March 2025. Total assets also increased significantly, reaching 312.26 Cr in March 2025, driven by a rise in capital work in progress. Cash flow from operating activities turned negative, with a cash outflow of 31.00 Cr in March 2025, while cash flow from financing activities showed a positive inflow of 185.00 Cr during the same period. Overall, True Green's financial performance has been characterized by a sharp decline in sales and profitability, alongside a significant increase in liabilities and total assets.