How has been the historical performance of Asi Industries?

Answer:The historical performance of Asi Industries shows a fluctuating trend in net sales and profitability over the years, with a significant decline in recent periods.

Breakdown:
Asi Industries reported net sales of 238.03 Cr in March 2022, an increase from 226.80 Cr in March 2021, but a decrease from 259.91 Cr in March 2019 and 314.11 Cr in March 2018. The total operating income followed a similar pattern, reaching 238.03 Cr in March 2022, up from 226.80 Cr in the previous year but down from higher figures in earlier years. The company faced a substantial rise in total expenditure, which reached 252.20 Cr in March 2022, compared to 190.18 Cr in March 2021, leading to an operating profit (PBDIT) of -14.17 Cr in March 2022, a stark contrast to the 36.62 Cr profit in March 2021. This resulted in a profit before tax of -63.36 Cr in March 2022, down from 16.07 Cr in the previous year, and a net profit of -55.90 Cr, compared to a profit of 11.39 Cr in March 2021. The earnings per share also reflected this downturn, falling to -6.2 in March 2022 from 1.32 in March 2021. Cash flow from operating activities improved to 60.00 Cr in March 2022 from 29.00 Cr in the prior year, but the overall cash flow showed a net outflow of -2.00 Cr, consistent with the previous year.