How has been the historical performance of Artefact Project?

Answer:The historical performance of Artefact Project shows significant fluctuations in its financial metrics over the years, particularly from 2011 to 2016. Breakdown: Artefact Project's net sales peaked at 46.66 Cr in March 2015 but dropped to 29.81 Cr by March 2016, reflecting a decline in revenue. 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 also decreased from 40.40 Cr in March 2015 to 30.41 Cr in March 2016, yet this was not sufficient to prevent an operating loss, with operating profit (PBDIT) falling from 7.96 Cr in March 2015 to a loss of 0.61 Cr in March 2016. Consequently, the profit before tax turned negative, dropping from 2.92 Cr in March 2015 to -4.69 Cr in March 2016, leading to a profit after tax of -5.12 Cr in March 2016, down from 1.90 Cr the previous year. The earnings per share (EPS) reflected this downturn, falling from 3.40 in March 2015 to -9.26 in March 2016. Cash flow from operating activities also saw a 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 during this period.