How has been the historical performance of MFL India?

Answer:The historical performance of MFL India shows significant fluctuations in its financial metrics over the years.

Breakdown:
MFL India's net sales have seen a notable increase from Mar'19, where it reported no sales, to Mar'25 with net sales of 52.26 Cr, although it decreased slightly from 53.61 Cr in Mar'24. The total operating income followed a similar trend, rising from 0.00 Cr in Mar'19 to 52.26 Cr in Mar'25, with a peak in Mar'24. The company's total expenditure, excluding depreciation, was 50.94 Cr in Mar'25, down from 55.17 Cr in Mar'24, while operating profit (PBDIT) turned positive at 1.81 Cr in Mar'25 after being negative in the previous year. However, profit after tax remained negative at -0.83 Cr in Mar'25, indicating ongoing challenges. The company's total liabilities increased to 21.25 Cr in Mar'25 from 17.16 Cr in Mar'24, with total debt rising to 17.59 Cr. The cash flow from operating activities was positive at 1.00 Cr in Mar'25, but the net cash outflow was -1.00 Cr, reflecting a decrease in cash and cash equivalents to 0.00 Cr by the end of the period. Overall, while MFL India has shown growth in sales and operating income, it continues to face profitability and cash flow challenges.