How has been the historical performance of MSTC?

Answer:The historical performance of MSTC shows significant fluctuations in key financial metrics over the years, particularly in net sales and profitability.

Breakdown:
MSTC's net sales have seen a dramatic decline from INR 3,292.00 crore in March 2019 to INR 310.96 crore in March 2025. Total operating income followed a similar trend, decreasing from INR 3,292.00 crore in March 2019 to INR 310.96 crore in March 2025. The company's total expenditure, excluding depreciation, also dropped significantly from INR 3,502.37 crore in March 2019 to INR 127.46 crore in March 2025. Operating profit (PBDIT) showed a recovery, rising from a loss of INR 210.37 crore in March 2019 to a profit of INR 260.04 crore in March 2025. Profit before tax increased from a loss of INR 234.54 crore in March 2019 to a profit of INR 513.96 crore in March 2025, while profit after tax rose from a loss of INR 304.19 crore in March 2019 to a profit of INR 413.04 crore in March 2025. The company's total assets decreased from INR 2,510.22 crore in March 2023 to INR 2,020.57 crore in March 2025, while total liabilities also fell from INR 2,510.22 crore to INR 2,020.57 crore in the same period. Cash flow from operating activities showed a positive trend, moving from a negative INR 282.00 crore in March 2024 to a positive INR 260.00 crore in March 2025. Overall, MSTC's financial performance reflects a recovery in profitability despite declining sales and assets.