How has been the historical performance of IMEC Services?

Answer:The historical performance of IMEC Services shows a significant decline in net sales and profitability over the years.

Breakdown:
IMEC Services experienced a notable decrease in net sales from 88.01 Cr in March 2018 to just 36.03 Cr in March 2022, reflecting a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 505.41 Cr in March 2016 to 36.03 Cr in March 2022. The company faced increasing operational challenges, as indicated by the operating profit margins, which worsened from -10.88% in March 2016 to -1.25% in March 2022. Profit before tax also deteriorated significantly, moving from -88.16 Cr in March 2016 to -4.04 Cr in March 2022. The profit after tax mirrored this trend, with losses decreasing from -95.02 Cr in March 2016 to -4.05 Cr in March 2022. The company's total liabilities decreased from 93.97 Cr in March 2019 to 2.88 Cr in March 2024, while total assets also fell from 93.97 Cr in March 2019 to 2.88 Cr in March 2024. Cash flow from operating activities remained stagnant, with no cash inflow recorded in recent years. Overall, IMEC Services has shown a troubling decline in both financial performance and operational viability over the years.