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 in net sales and profitability.

Breakdown:
Mihika Industrie experienced a substantial increase in net sales, rising from 6.20 Cr in March 2024 to 34.74 Cr in March 2025, marking a notable recovery from previous years where sales were minimal or nonexistent. Total operating income followed a similar trend, reaching 34.74 Cr in March 2025 compared to just 6.20 Cr in March 2024. However, the company faced challenges with total expenditure, which increased to 35.23 Cr in March 2025 from 6.89 Cr in March 2024, leading to an operating profit (PBDIT) of -0.49 Cr in March 2025, an improvement from -0.69 Cr in the previous year. Profit before tax also showed a slight positive shift to 0.11 Cr in March 2025 from 0.19 Cr in March 2024, while profit after tax was 0.05 Cr in March 2025, down from 0.19 Cr in March 2024. The company's total assets decreased slightly to 21.02 Cr in March 2025 from 20.96 Cr in March 2024, and total liabilities also saw a minor increase to 21.02 Cr from 20.96 Cr. Cash flow from operating activities improved significantly to 19.00 Cr in March 2025, indicating a positive change in working capital, although cash flow from investing activities was negative at -20.00 Cr. Overall, while Mihika Industrie has shown growth in sales and operating cash flow, it continues to grapple with profitability and rising expenditures.