How has been the historical performance of VXL Instruments?

Answer:The historical performance of VXL Instruments shows a declining trend in net sales and profitability over the years, particularly from 2014 to 2016.

Breakdown:
VXL Instruments experienced a significant decrease in net sales from INR 109.40 crore in March 2014 to INR 68.54 crore in March 2016. This decline in revenue was accompanied by a rise in total expenditure, which peaked at INR 115.31 crore in March 2014 and fell to INR 73.06 crore in March 2016. The operating profit (PBDIT) also reflected this downward trend, moving from a profit of INR 6.35 crore in March 2012 to a loss of INR 4.52 crore in March 2016. Consequently, the profit before tax turned negative, reaching -INR 4.57 crore in March 2016, compared to a profit of INR 9.10 crore in March 2014. The profit after tax mirrored this decline, with losses recorded at -INR 4.57 crore in March 2016, down from a profit of INR 6.07 crore in March 2014. The earnings per share (EPS) also fell sharply, from 4.55 in March 2014 to -3.43 in March 2016. Despite these challenges, the company managed to maintain a closing cash and cash equivalent balance of INR 2.01 crore in March 2016, an increase from INR 1.39 crore in March 2015. Overall, VXL Instruments has faced significant financial difficulties in recent years, marked by declining revenues and increasing losses.