How has been the historical performance of ISF?
ISF experienced a decline in net sales and profitability from March 2014 to March 2015, with net sales dropping from 0.89 Cr to 0.78 Cr and operating profit decreasing from 0.39 Cr to 0.35 Cr. Despite these challenges, the company slightly reduced its losses and improved cash flow.
Answer:The historical performance of ISF shows a decline in net sales and profitability from March 2014 to March 2015.Breakdown:
In March 2015, ISF reported net sales of 0.78 Cr, a decrease from 0.89 Cr in March 2014. Total operating income followed the same trend, dropping from 0.89 Cr to 0.78 Cr. The total expenditure, excluding depreciation, also decreased from 0.50 Cr to 0.44 Cr. Operating profit (PBDIT) fell from 0.39 Cr in March 2014 to 0.35 Cr in March 2015, while profit before tax shifted from a positive 0.03 Cr to a negative 0.03 Cr. Consequently, the profit after tax improved slightly from -0.31 Cr to -0.03 Cr. The earnings per share reflected this trend, moving from -0.03 to -0.0. On the balance sheet, total liabilities decreased from 16.03 Cr to 15.58 Cr, with total assets also declining from 16.03 Cr to 15.58 Cr. Cash flow from operating activities decreased from 0.47 Cr to 0.19 Cr, but net cash inflow improved from -0.02 Cr to 0.04 Cr. Overall, ISF experienced a challenging year with declining revenues and profits, although it managed to reduce its losses and improve cash flow slightly.
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