How has been the historical performance of Mercury Labs?

Answer:The historical performance of Mercury Labs shows a mixed trend in financial metrics over the years.

Breakdown:
Mercury Labs' net sales have fluctuated slightly, with a peak of 75.56 Cr in Mar'24 and a slight decline to 75.10 Cr in Mar'25. The total operating income followed a similar pattern, reaching 75.56 Cr in Mar'24 before decreasing to 75.10 Cr in Mar'25. The total expenditure, excluding depreciation, increased from 66.52 Cr in Mar'24 to 68.08 Cr in Mar'25, impacting the operating profit, which fell from 9.04 Cr to 7.02 Cr in the same period. Consequently, the profit before tax also decreased from 6.92 Cr in Mar'24 to 4.66 Cr in Mar'25, leading to a profit after tax of 3.14 Cr in Mar'25, down from 5.65 Cr the previous year. The company's total assets grew from 67.96 Cr in Mar'24 to 74.24 Cr in Mar'25, while total liabilities also increased from 67.96 Cr to 74.24 Cr, indicating a rise in both assets and liabilities. Cash flow from operating activities decreased significantly from 8.00 Cr in Mar'24 to 4.00 Cr in Mar'25, contributing to a net cash outflow of 6.00 Cr in Mar'25, compared to a neutral cash flow in the previous year. Overall, while Mercury Labs has shown growth in assets, its profitability metrics have declined in the latest fiscal year.