How has been the historical performance of iStreet Network?

Jul 29 2025 10:41 PM IST
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iStreet Network faced significant financial challenges in the fiscal year ending March 2016, reporting net sales of 18.39 Cr, total expenditure of 21.61 Cr, and a net loss of -3.14 Cr, with an EPS of -1.49. The company's balance sheet showed total liabilities and assets of 4.38 Cr, indicating a precarious financial position.
Answer:
The historical performance of iStreet Network shows a challenging financial situation for the year ending March 2016. Breakdown: In the fiscal year ending March 2016, iStreet Network reported net sales of 18.39 Cr and total operating income of 18.63 Cr. However, the company faced significant challenges with total expenditure, which amounted to 21.61 Cr, leading to an operating profit (PBDIT) of -2.98 Cr. Consequently, the profit before tax was recorded at -3.14 Cr, resulting in a net profit of -3.14 Cr as well. The earnings per share (EPS) stood at -1.49, reflecting the company's struggles. On the balance sheet, total liabilities were 4.38 Cr, while total assets were also 4.38 Cr, indicating a precarious financial position. The cash flow from operating activities was negative at -2.00 Cr, although cash flow from financing activities was positive at 2.00 Cr, resulting in no net cash inflow or outflow. Overall, the financial metrics indicate a period of loss and instability for iStreet Network during this timeframe.
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