How has been the historical performance of Wockhardt?

Answer:The historical performance of Wockhardt shows a fluctuating trend in net sales and profitability over the years, with a notable decline in profit margins.

Breakdown:
Wockhardt's net sales increased from 2,651.00 Cr in Mar'23 to 3,012.00 Cr in Mar'25, after a peak of 3,230.00 Cr in Mar'22. The total operating income followed a similar trend, reaching 3,012.00 Cr in Mar'25. However, the company faced challenges with total expenditure, which decreased to 2,619.00 Cr in Mar'25 from 2,932.00 Cr in Mar'22. Operating profit (PBDIT) improved significantly to 455.00 Cr in Mar'25 from 122.00 Cr in Mar'24, indicating a recovery in operational efficiency. Despite this, Wockhardt reported a profit before tax of -16.00 Cr in Mar'25, an improvement from -420.00 Cr in Mar'24, but still indicating ongoing financial struggles. The profit after tax also showed a loss of -57.00 Cr in Mar'25, although this was less severe than the losses of -472.00 Cr in Mar'24 and -621.00 Cr in Mar'23. The company's total liabilities increased to 7,586.00 Cr in Mar'25 from 7,070.00 Cr in Mar'24, while total assets rose to 7,586.00 Cr, reflecting a stable balance sheet. Cash flow from operating activities was negative at -22.00 Cr in Mar'25, contrasting with a positive cash flow of 219.00 Cr in Mar'24, indicating liquidity challenges. Overall, while Wockhardt has shown some recovery in sales and operating profit, it continues to face significant challenges in profitability and cash flow management.