How has been the historical performance of Meera Industries?

Answer:The historical performance of Meera Industries shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.

Breakdown:
Meera Industries' net sales increased significantly from INR 20.34 crore in March 2023 to INR 39.85 crore in March 2025, following a dip to INR 31.66 crore in March 2022. The total operating income mirrored this trend, reaching INR 39.85 crore in March 2025. The company's total expenditure also rose, amounting to INR 34.06 crore in March 2025, up from INR 20.79 crore in March 2023. Operating profit, which was negative at INR -0.45 crore in March 2023, improved to INR 6.11 crore by March 2025. Profit before tax followed suit, increasing from INR -1.38 crore in March 2023 to INR 4.62 crore in March 2025, while profit after tax also saw a recovery, rising from INR -1.37 crore to INR 3.72 crore in the same period. The company's total assets grew from INR 35.71 crore in March 2023 to INR 43.25 crore in March 2025, with total liabilities increasing from INR 35.71 crore to INR 43.25 crore as well. Cash flow from operating activities turned positive at INR 5.00 crore in March 2025, contrasting with a negative cash flow of INR -1.00 crore in March 2024. Overall, Meera Industries demonstrated a recovery in sales and profitability, alongside an increase in total assets and liabilities.