How has been the historical performance of Mercantile Vent.?

Answer:The historical performance of Mercantile Vent. shows significant fluctuations in key financial metrics over the years.

Breakdown:
Mercantile Vent. has experienced a steady increase in net sales, rising from 34.40 Cr in Mar'19 to 72.19 Cr in Mar'25. Total operating income followed a similar trend, reaching 72.19 Cr in Mar'25, up from 34.40 Cr in Mar'19. However, total expenditure also increased, culminating at 70.83 Cr in Mar'25, which limited operating profit (PBDIT) to 14.23 Cr, a decrease from 18.53 Cr in Mar'22. The company faced a notable loss in Mar'24, with a profit before tax of -6.34 Cr, but rebounded to 13.09 Cr in Mar'25. Profit after tax also improved significantly, from -7.76 Cr in Mar'24 to 16.27 Cr in Mar'25. The company's total assets decreased slightly from 396.81 Cr in Mar'24 to 390.59 Cr in Mar'25, while total liabilities also saw a reduction from 396.81 Cr to 390.59 Cr in the same period. Cash flow from operating activities was negative at -32.00 Cr in Mar'25, contrasting with a positive cash flow of 39.00 Cr in Mar'24, leading to a net cash outflow of 50.00 Cr in Mar'25. Overall, while Mercantile Vent. has shown growth in sales and profit recovery, it has faced challenges in managing expenses and cash flow.