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

Answer:The historical performance of Mid India Inds. shows significant fluctuations in key financial metrics over the years. Breakdown: Mid India Inds. has experienced a notable decline in net sales, dropping from 14.68 Cr in Mar'23 to 6.32 Cr in Mar'25. This decline is reflected in total operating income, which also decreased from 14.68 Cr in Mar'23 to 6.32 Cr in Mar'25. The company has consistently reported zero raw material costs and other operating income across the years. Total expenditure, excluding depreciation, has decreased from 13.43 Cr in Mar'23 to 6.38 Cr in Mar'25, but the operating profit (PBDIT) has turned negative, moving from a profit of 1.25 Cr in Mar'23 to a loss of 0.06 Cr in Mar'25. Profit before tax and profit after tax have also shown negative trends, with losses of 0.13 Cr and 0.12 Cr respectively in Mar'25. The company's reserves have remained negative, reaching -20.80 Cr in Mar'25, while shareholder's funds have also been negative at -4.50 Cr. Total assets have decreased from 5.67 Cr in Mar'23 to 1.53 Cr in Mar'25, indicating a significant reduction in the company's asset base. The cash flow statements indicate no cash inflow or outflow across the years, suggesting a lack of operational activity. Overall, the financial performance of Mid India Inds. has deteriorated significantly over the past few years.