How has been the historical performance of Carnation Inds.?

Answer:The historical performance of Carnation Inds. shows a significant decline in financial metrics over the years, particularly from 2018 to 2023.

Breakdown:
Carnation Inds. experienced a drastic drop in net sales, falling from 50.11 Cr in March 2018 to 0.00 Cr by March 2023. Total operating income followed a similar trend, decreasing from 81.82 Cr in March 2017 to 0.00 Cr in March 2023. The company reported operating losses consistently, with operating profit (PBDIT) declining from 6.72 Cr in March 2017 to -0.48 Cr in March 2023. Profit before tax also worsened, moving from a profit of 0.23 Cr in March 2017 to a loss of -0.73 Cr in March 2023. The profit after tax mirrored this trend, dropping from a profit of 0.27 Cr in March 2017 to a loss of -0.91 Cr in March 2023. The company's total assets decreased significantly from 69.44 Cr in March 2018 to 1.34 Cr in March 2023, while total liabilities also fell from 56.44 Cr in March 2019 to 1.34 Cr in March 2023. The cash flow from operating activities turned negative, with a cash outflow of -7.00 Cr in March 2022 and remaining at 0.00 Cr in March 2023. Overall, the financial data indicates a troubling decline in Carnation Inds.' performance over the years.