How has been the historical performance of MPIL Corporation?

Answer:The historical performance of MPIL Corporation shows a consistent trend of zero net sales over the past several years, with total operating income remaining at 0.06 crore from March 2019 to March 2025. The company has incurred various expenditures, with total expenditure excluding depreciation rising from 1.14 crore in March 2019 to 3.43 crore in March 2025. Operating profit (PBDIT) has fluctuated, showing a negative trend, culminating in a loss of 1.86 crore in March 2025, compared to a profit of 1.02 crore in March 2023. The profit before tax also reflects a downward trajectory, moving from a profit of 0.19 crore in March 2019 to a loss of 2.29 crore in March 2025. The profit after tax has similarly declined, showing a loss of 2.29 crore in March 2025, down from a profit of 0.73 crore in March 2023.

In terms of assets and liabilities, total assets decreased from 22.06 crore in March 2020 to 19.91 crore in March 2025, while total liabilities also fell from 22.38 crore in March 2024 to 19.91 crore in March 2025. The company’s cash flow from operating activities has been negative in recent years, with no cash inflow reported in March 2025. The book value per share has decreased from 270.68 in March 2023 to 219.63 in March 2025, indicating a decline in shareholder value. Overall, MPIL Corporation has faced significant challenges, reflected in its financial metrics, with persistent losses and a lack of revenue generation.

Breakdown:
MPIL Corporation has not generated any net sales from March 2019 to March 2025, maintaining a total operating income of 0.06 crore throughout this period. The company's total expenditure has increased significantly, reaching 3.43 crore in March 2025, while operating profit (PBDIT) has turned negative, resulting in a loss of 1.86 crore. The profit before tax has also deteriorated, moving from a profit of 0.19 crore in March 2019 to a loss of 2.29 crore in March 2025. Similarly, profit after tax has declined to a loss of 2.29 crore in March 2025, down from a profit of 0.73 crore in March 2023. Total assets have decreased from 22.06 crore in March 2020 to 19.91 crore in March 2025, with total liabilities following a similar trend. Cash flow from operating activities has been negative, and the book value per share has decreased from 270.68 in March 2023 to 219.63 in March 2025, indicating a challenging financial landscape for the company.