How has been the historical performance of GTL?

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

Breakdown:
GTL's net sales have decreased sharply from 2,495.88 crore in March 2015 to just 220.96 crore in March 2021, reflecting a downward trend in revenue generation. Total operating income followed a similar trajectory, dropping from 2,495.93 crore in March 2015 to 220.96 crore in March 2021. The company faced substantial losses, with operating profit (PBDIT) moving from a negative 274.66 crore in March 2015 to a positive 92.56 crore in March 2021, indicating a turnaround in operational efficiency. However, profit before tax remained volatile, with a loss of 1,088.16 crore in March 2015 improving to a profit of 67.24 crore in March 2021. The profit after tax also reflected this recovery, moving from a loss of 1,103.63 crore in March 2015 to a profit of 45.78 crore in March 2021. Despite these improvements, the company's total liabilities decreased from 2,406.90 crore in March 2016 to 197.33 crore in March 2021, while total assets also fell from 2,406.90 crore to 197.33 crore in the same period. Cash flow from operating activities showed a decline from 80.00 crore in March 2016 to 63.00 crore in March 2021, indicating challenges in cash generation. Overall, GTL's financial performance has shown signs of recovery in recent years, but it remains significantly lower than its historical highs.