How has been the historical performance of Mihika Industrie?

Answer:The historical performance of Mihika Industrie shows significant fluctuations in its financial metrics over the years, particularly from March 2018 to March 2025. Breakdown: Mihika Industrie experienced a dramatic increase in net sales, rising from 0.00 crore in March 2023 to 34.74 crore in March 2025, following a gradual increase from 1.76 crore in March 2022 and 1.78 crore in March 2021. Total operating income mirrored this trend, reaching 34.74 crore in March 2025, compared to just 1.76 crore in March 2022. However, the company faced challenges with total expenditure, which escalated to 35.23 crore in March 2025 from 6.89 crore in March 2024, leading to an operating profit (PBDIT) of -0.49 crore in March 2025, an improvement from -4.51 crore in March 2023. The profit before tax also showed a slight recovery, reaching 0.11 crore in March 2025, while profit after tax was 0.05 crore. Despite these improvements, the company reported a net profit of only 0.05 crore in March 2025, down from 0.19 crore in March 2024. On the balance sheet, total liabilities decreased slightly to 22.03 crore in March 2024 from 22.08 crore in March 2023, while total assets remained relatively stable at 22.03 crore in March 2024. Cash flow from operating activities remained stagnant at 0.00 crore in March 2024, indicating ongoing liquidity challenges. Overall, Mihika Industrie has shown some recovery in sales and profits, but it continues to face significant operational and financial hurdles.