How has been the historical performance of Switching Tech.?

Answer:The historical performance of Switching Tech. shows a declining trend in net sales and profitability over the years, with significant losses reported in recent periods.

Breakdown:
Switching Tech. has experienced a consistent decline in net sales from INR 18.35 crore in March 2019 to INR 7.72 crore in March 2025. The total operating income followed a similar trend, decreasing from INR 18.35 crore in March 2019 to INR 7.72 crore in March 2025. The company's total expenditure has also decreased from INR 18.02 crore in March 2019 to INR 14.35 crore in March 2025, but it remains higher than the operating income, leading to negative operating profits. The operating profit margin has worsened significantly, reaching -85.88% in March 2025. The net profit has been negative since March 2021, with a notable loss of INR 6.69 crore in March 2025, compared to a profit of INR 11.34 crore in March 2023. The company's total assets decreased from INR 11.34 crore in March 2022 to INR 7.16 crore in March 2024, while total liabilities also decreased, indicating a challenging financial position. The book value per share has turned negative, reflecting the company's deteriorating equity position. Overall, Switching Tech. has faced significant financial challenges, with declining revenues and increasing losses over the years.