How has been the historical performance of La Tim Metal & I?

Answer:The historical performance of La Tim Metal & I shows significant fluctuations in key financial metrics over the years.

Breakdown:
La Tim Metal & I experienced a notable decline in net sales, dropping from 568.27 Cr in Mar'22 to 271.62 Cr in Mar'23. This decrease in revenue was accompanied by a reduction in total operating income, which also fell from 568.27 Cr to 271.62 Cr in the same period. The company's total expenditure decreased from 540.41 Cr in Mar'22 to 272.29 Cr in Mar'23, yet the operating profit (PBDIT) turned negative, resulting in a loss of 0.67 Cr in Mar'23 compared to a profit of 27.86 Cr in Mar'22. Consequently, the profit before tax also fell sharply from 23.32 Cr to -7.38 Cr, leading to a profit after tax of -7.50 Cr in Mar'23, down from 17.98 Cr in Mar'22. The company's total liabilities decreased from 159.23 Cr to 110.09 Cr, while total assets also fell from 159.23 Cr to 110.09 Cr, indicating a contraction in the company's financial position. Cash flow from operating activities remained negative at -3.00 Cr in Mar'23, reflecting ongoing challenges in generating cash from core operations. Overall, the financial data indicates a challenging year for La Tim Metal & I, marked by declining sales, increased losses, and a reduced asset base.