How has been the historical performance of MIRC Electronics?

Answer:The historical performance of MIRC Electronics has shown significant fluctuations over the years, particularly in net sales and profitability.

Breakdown:
From March 2010 to March 2016, MIRC Electronics experienced a decline in net sales from INR 1,526.69 crore in March 2010 to INR 772.21 crore in March 2016. This downward trend in sales was accompanied by a decrease in total operating income, which fell from INR 1,528.46 crore in March 2010 to the same INR 772.21 crore in March 2016. The company's operating profit margin, excluding other income, turned negative in March 2016 at -0.38%, compared to a positive margin of 3.97% in March 2011. The operating profit (PBDIT) also reflected this decline, moving from a profit of INR 80.22 crore in March 2011 to a loss of INR 2.88 crore in March 2016. Profit before tax showed a similar trend, with a loss of INR 4.44 crore in March 2016, compared to a profit of INR 37.37 crore in March 2011. The net profit followed suit, declining from INR 19.99 crore in March 2010 to a loss of INR 19.45 crore in March 2016. The earnings per share (EPS) also deteriorated, moving from a positive INR 1.25 in March 2010 to a negative INR 0.92 in March 2016. Overall, MIRC Electronics has faced considerable challenges in maintaining profitability and sales growth over the analyzed period.