How has been the historical performance of MIC Electronics?

Answer:The historical performance of MIC Electronics shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.

Breakdown:
In the fiscal year ending March 2025, MIC Electronics reported net sales of 94.76 Cr, a substantial increase from 54.57 Cr in March 2024 and 22.91 Cr in March 2023. This upward trend follows a dip in March 2022 when sales were 44.95 Cr, and a remarkable rise from just 1.09 Cr in March 2021. The total operating income mirrored this growth, reaching 94.76 Cr in March 2025. However, the total expenditure also rose to 76.71 Cr in the same period, up from 42.27 Cr in March 2024, leading to an operating profit of 19.29 Cr in March 2025, compared to 14.29 Cr the previous year. Profit before tax decreased to 13.07 Cr in March 2025 from 17.73 Cr in March 2024, while profit after tax was reported at 9.83 Cr, a significant drop from 61.84 Cr in the prior year. The earnings per share (EPS) for March 2025 was 0.41, down from 2.79 in March 2024. The operating profit margin for March 2025 stood at 19.05%, a decrease from 22.54% in March 2024, while the profit after tax margin was 10.37%, down from 113.32% the previous year. Overall, the financial performance of MIC Electronics reflects a complex landscape of growth in sales but challenges in maintaining profitability and margins.