How has been the historical performance of Mid India Inds.?

Answer:The historical performance of Mid India Inds. shows a declining trend in net sales and profitability over the years, with significant fluctuations.

Breakdown:
Mid India Inds. has experienced a notable decline in net sales, dropping from 21.21 Cr in Mar'19 to just 6.32 Cr in Mar'25. The total operating income followed a similar trend, decreasing from 21.21 Cr in Mar'19 to 6.32 Cr in Mar'25. The company faced challenges with total expenditure, which also decreased from 23.60 Cr in Mar'19 to 6.38 Cr in Mar'25, but not at a rate that could offset the drop in income. Operating profit (PBDIT) saw a significant decline, moving from a loss of 2.32 Cr in Mar'19 to a loss of 0.06 Cr in Mar'25. Profit before tax and profit after tax both remained negative in the latest fiscal year, with figures of -0.13 Cr and -0.12 Cr respectively. The company's net profit has been negative since Mar'21, with a loss of -0.12 Cr in Mar'25. The balance sheet reflects a decrease in total assets from 5.65 Cr in Mar'19 to 4.28 Cr in Mar'24, while total liabilities also decreased, indicating a tightening financial position. The cash flow statements show no cash inflow or outflow across the years, highlighting a lack of operational activity. Overall, the financial metrics indicate a challenging period for Mid India Inds., characterized by declining revenues and persistent losses.