How has been the historical performance of Mohit Industries?

Answer:The historical performance of Mohit Industries shows a declining trend in net sales and profitability over the years, culminating in losses in the most recent fiscal year.

Breakdown:
Mohit Industries has experienced a significant decline in net sales, dropping from 191.47 crore in March 2019 to 112.40 crore in March 2025. This downward trend is mirrored in total operating income, which also decreased from 191.47 crore in March 2019 to 112.40 crore in March 2025. The company's total expenditure has similarly fallen, from 182.43 crore in March 2019 to 112.85 crore in March 2025, but not at a pace sufficient to maintain profitability. Operating profit has turned negative, with a loss of 0.45 crore in March 2025 compared to a profit of 9.04 crore in March 2019. Consequently, profit before tax has also declined sharply, resulting in a loss of 3.28 crore in March 2025, compared to a profit of 0.61 crore in March 2019. The net profit has followed suit, showing losses of 2.43 crore in March 2025, down from a profit of 0.70 crore in March 2019. The company's total assets have remained relatively stable, with a slight increase from 93.39 crore in March 2020 to 241.97 crore in March 2025, while total liabilities have increased from 48.64 crore in March 2020 to 59.18 crore in March 2025. Cash flow from operating activities has been negative in the latest fiscal year, indicating ongoing challenges in generating cash from core operations. Overall, the financial metrics reflect a concerning trend of declining sales and profitability for Mohit Industries over the past several years.