How has been the historical performance of MSR India?

Answer:The historical performance of MSR India shows a significant decline in net sales and profitability over the years, culminating in zero sales in the most recent fiscal years.

Breakdown:
MSR India's net sales have experienced a sharp decline from 191.39 crore in March 2019 to 0.00 crore in both March 2024 and March 2025. The total operating income followed a similar trend, dropping from 191.39 crore in March 2019 to 4.54 crore in March 2023 and then to zero in the subsequent years. The company's operating profit margin turned negative, with an operating profit (PBDIT) of -0.53 crore in March 2025, compared to a profit of 6.45 crore in March 2019. Profit Before Tax also saw a downward trajectory, moving from 1.03 crore in March 2019 to -0.53 crore in March 2025. The profit after tax mirrored this decline, falling from 0.62 crore in March 2019 to -0.53 crore in March 2025. The company's total assets decreased significantly from 77.09 crore in March 2019 to 0.44 crore in March 2024, while total liabilities also reduced from 35.23 crore in March 2019 to 7.73 crore in March 2024. Cash flow from operating activities turned negative, reflecting a cash outflow of -3.00 crore in March 2024, compared to a positive cash flow of 6.00 crore in March 2019. Overall, MSR India's financial performance indicates a severe downturn, with no sales and negative profits in the latest fiscal years.