How has been the historical performance of Mercury EV-Tech?

Answer:The historical performance of Mercury EV-Tech shows significant growth in net sales and profitability over the past few years.

Breakdown:
Mercury EV-Tech has demonstrated remarkable growth in net sales, increasing from 1.18 Cr in Mar'22 to 89.64 Cr in Mar'25. This upward trend is reflected in total operating income, which also rose from 1.18 Cr in Mar'22 to 89.64 Cr in Mar'25. The company's total expenditure, excluding depreciation, increased from 0.91 Cr in Mar'22 to 81.53 Cr in Mar'25, leading to an operating profit (PBDIT) of 11.56 Cr in Mar'25, up from just 0.31 Cr in Mar'22. Profit before tax followed a similar trajectory, reaching 9.94 Cr in Mar'25 compared to 0.32 Cr in Mar'22, while profit after tax surged to 7.70 Cr from 0.23 Cr in the same period. The company's consolidated net profit also saw a substantial increase, climbing to 7.91 Cr in Mar'25 from 0.23 Cr in Mar'22. Despite the growth in profits, the operating profit margin has fluctuated, decreasing from 22.88% in Mar'22 to 9.05% in Mar'25. On the balance sheet, total liabilities rose to 150.60 Cr in Mar'24 from 76.95 Cr in Mar'23, with total assets also increasing to 150.60 Cr in Mar'24. Cash flow from operating activities remained negative, indicating challenges in cash generation despite the increase in profitability. Overall, Mercury EV-Tech's performance reflects a strong upward trajectory in sales and profitability, although it faces challenges in managing cash flow.