How has been the historical performance of Artefact Project?

Answer:The historical performance of Artefact Project shows a significant decline in net sales and profitability over the years, culminating in a loss in the most recent fiscal year.

Breakdown:
Artefact Project's net sales decreased from 46.66 Cr in March 2015 to 29.81 Cr in March 2016, reflecting a downward trend from previous years, where sales were 36.33 Cr in March 2014 and 38.36 Cr in March 2013. The total operating income mirrored this decline, dropping to 29.81 Cr in March 2016 from 46.66 Cr in March 2015. The company's total expenditure, excluding depreciation, was 30.41 Cr in March 2016, up from 40.40 Cr in March 2015, leading to an operating profit (PBDIT) of 1.02 Cr in March 2016, a sharp decline from 7.96 Cr in the previous year. The profit before tax also fell to -4.69 Cr in March 2016, down from 2.92 Cr in March 2015, resulting in a profit after tax of -5.12 Cr compared to a profit of 1.90 Cr in March 2015. The earnings per share (EPS) reflected this downturn, showing -9.26 in March 2016 versus 3.4 in March 2015. The operating profit margin turned negative at -2.03% in March 2016, contrasting sharply with the previous year's margin of 13.41%. Overall, the financial data indicates a challenging period for Artefact Project, with significant losses and declining sales performance.