How has been the historical performance of Lynx Machinery?

Answer:The historical performance of Lynx Machinery shows a consistent lack of revenue generation and significant losses over the years.

Breakdown:
Lynx Machinery has reported zero net sales and zero other operating income from March 2016 to March 2023, indicating no revenue generation during this period. The total operating income also remained at zero, while total expenditure, excluding depreciation, fluctuated slightly, reaching 0.44 crore in March 2023, down from 0.59 crore in March 2022. The operating profit (PBDIT) excluding other income was negative throughout these years, with a loss of -0.44 crore in March 2023, which is an increase in loss compared to -0.06 crore in March 2022. The profit before tax also worsened, showing a loss of -0.54 crore in March 2023 compared to -0.12 crore in March 2022. The company's profit after tax followed a similar trend, with a loss of -0.54 crore in March 2023, worsening from -0.12 crore in March 2022. The total liabilities have increased significantly to 12.56 crore in March 2025 from 4.77 crore in March 2023, while total assets also rose to 12.56 crore in March 2025, reflecting a growing financial burden. The cash flow statements indicate no cash inflow or outflow from operating activities for the years leading up to March 2023, further highlighting the company's financial struggles.