How has been the historical performance of IEC Education?

Answer:The historical performance of IEC Education shows a consistent trend of low to negative financial results over the years, with no net sales recorded from March 2016 to March 2025. The total operating income peaked at 1.90 crore in March 2016 but has since declined to zero by March 2025. The company has faced increasing operating losses, with operating profit margins turning negative, reaching -0.27 crore in March 2025, compared to a profit of 0.63 crore in March 2016. The profit before tax and profit after tax have also remained negative in recent years, with losses of -0.27 crore and -0.26 crore respectively in March 2025. The total assets have decreased from 36.77 crore in March 2016 to 31.63 crore in March 2025, while total liabilities have similarly declined from 36.17 crore to 31.63 crore over the same period. The cash flow from operating activities has been stagnant, with no cash inflow reported from March 2023 to March 2025.

Breakdown:
IEC Education's financial history reveals a troubling trajectory, characterized by a lack of revenue generation and persistent losses. From March 2016, when the company recorded a total operating income of 1.90 crore, it has seen a steady decline, culminating in zero income by March 2025. Operating profits turned negative, with a significant drop from a profit of 0.63 crore in March 2016 to a loss of -0.27 crore in March 2025. The company's net profit has also deteriorated, reflecting losses of -0.26 crore in the latest fiscal year. Total assets have decreased from 36.77 crore in March 2016 to 31.63 crore in March 2025, indicating a reduction in the company's financial base, while total liabilities have followed a similar downward trend. Cash flow from operations has remained non-existent in recent years, highlighting ongoing challenges in generating positive cash flow.