How has been the historical performance of GTL?

Answer:The historical performance of GTL shows significant fluctuations in financial metrics over the years, particularly from 2015 to 2021.

Breakdown:
GTL's net sales have seen a dramatic decline from 2,495.88 Cr in March 2015 to just 220.96 Cr in March 2021, reflecting a consistent downward trend. The total operating income followed a similar pattern, dropping from 2,495.93 Cr in March 2015 to 220.96 Cr in March 2021. The company faced substantial losses, with operating profit (PBDIT) swinging from -274.66 Cr in March 2015 to a positive 92.56 Cr in March 2021, indicating a recovery after several years of negative performance. Profit before tax also improved significantly, moving from -1,088.16 Cr in March 2015 to 67.24 Cr in March 2021, while net profit transitioned from a loss of -1,103.63 Cr in March 2015 to a profit of 45.78 Cr in March 2021. Despite these improvements, GTL's total liabilities decreased from 2,406.90 Cr in March 2016 to 197.33 Cr in March 2021, and the company's total assets also fell from 2,406.90 Cr to 197.33 Cr over the same period. Cash flow from operating activities showed a decline from 80.00 Cr in March 2016 to 63.00 Cr in March 2021, while net cash outflow was recorded at -1.00 Cr in March 2021, down from -29.00 Cr in March 2016. Overall, GTL's financial trajectory indicates a challenging recovery phase with improvements in profitability metrics but persistent issues with sales and asset management.