How has been the historical performance of Waa Solar?

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

Breakdown:
Waa Solar's net sales have seen a decline from 49.04 Cr in Mar'23 to 28.25 Cr in Mar'25, with a notable drop in the previous year as well. The total operating income followed a similar trend, decreasing from 49.04 Cr in Mar'23 to 28.25 Cr in Mar'25. The total expenditure, excluding depreciation, increased from 13.61 Cr in Mar'23 to 17.90 Cr in Mar'25, impacting the operating profit, which fell from 35.43 Cr in Mar'23 to 10.35 Cr in Mar'25. Consequently, the profit before tax also declined from 10.07 Cr in Mar'23 to 3.94 Cr in Mar'25, while the profit after tax decreased from 8.30 Cr to 3.91 Cr in the same period. The company's total assets rose from 298.50 Cr in Mar'23 to 333.28 Cr in Mar'25, driven by an increase in cash and bank balances, which grew from 19.78 Cr to 38.10 Cr. However, total liabilities also increased from 298.50 Cr to 333.28 Cr, primarily due to a rise in long-term borrowings from 72.80 Cr to 122.75 Cr. The cash flow from operating activities turned negative, dropping from 36.00 Cr in Mar'23 to -4.00 Cr in Mar'25, while cash flow from financing activities improved significantly, showing a net inflow of 86.00 Cr in Mar'25 compared to an outflow in previous years. Overall, Waa Solar's financial performance reflects a challenging period with declining revenues and profits, despite an increase in total assets and cash reserves.