How has been the historical performance of Artefact Project?

Answer:The historical performance of Artefact Project shows significant fluctuations in key financial metrics over the years. Breakdown: Artefact Project's net sales peaked at 46.66 Cr in March 2015 but fell to 29.81 Cr by March 2016. The total operating income followed a similar trend, decreasing from 46.66 Cr in March 2015 to 29.81 Cr in March 2016. The company's total expenditure, excluding depreciation, also declined from 40.40 Cr in March 2015 to 30.41 Cr in March 2016. However, despite the reduction in expenses, the operating profit (PBDIT) turned negative in March 2016 at -0.61 Cr, down from 6.26 Cr in March 2015. This decline continued with a profit before tax of -4.69 Cr in March 2016, compared to a profit of 2.92 Cr the previous year. Consequently, the profit after tax also dropped to -5.12 Cr in March 2016 from 1.90 Cr in March 2015. The earnings per share (EPS) reflected this downturn, falling to -9.26 in March 2016 from 3.4 in March 2015. The cash flow from operating activities showed a significant decline, moving from a positive 13.80 Cr in March 2015 to -4.64 Cr in March 2016, indicating a challenging financial environment for the company.