How has been the historical performance of Eastern Treads?

Answer:The historical performance of Eastern Treads shows a declining trend in net sales and profitability over the past four years.

Breakdown:
Eastern Treads reported net sales of 72.28 Cr in March 2022, down from 74.41 Cr in March 2021, 78.32 Cr in March 2020, and 97.46 Cr in March 2019. The total operating income mirrored this decline, remaining at 72.28 Cr in March 2022. The company's total expenditure, excluding depreciation, increased to 77.47 Cr in March 2022 from 70.55 Cr in March 2021, leading to an operating profit (PBDIT) of -5.19 Cr in March 2022, a significant drop from the positive operating profits of previous years. Profit before tax also worsened to -9.86 Cr in March 2022, compared to -1.30 Cr in March 2021. Consequently, the profit after tax for March 2022 was -9.65 Cr, further illustrating the company's struggles. The total assets decreased to 47.04 Cr in March 2022 from 54.66 Cr in March 2021, while total liabilities also declined to 47.04 Cr, indicating a tightening financial position. Cash flow from operating activities was 1.00 Cr in March 2022, consistent with the previous year, but overall, the financial metrics reflect a challenging period for Eastern Treads.