How has been the historical performance of Morgan Ventures?

Answer:The historical performance of Morgan Ventures shows significant fluctuations in key financial metrics over the years. Breakdown: Morgan Ventures experienced a decline in net sales from 4.13 Cr in June 2014 to just 0.35 Cr by March 2016. This decline was accompanied by a decrease in total operating income, which fell from 4.13 Cr in June 2014 to 0.35 Cr in March 2016. The total expenditure also decreased, but not as sharply, leading to operating losses, with the operating profit (PBDIT) dropping from 2.83 Cr in June 2014 to a loss of 0.07 Cr in March 2016. The profit before tax showed a similar trend, moving from a profit of 1.75 Cr in June 2014 to a break-even point in March 2016. The net profit followed this downward trajectory, falling from 1.48 Cr in June 2014 to a loss of 0.00 Cr in March 2016. On the balance sheet, total liabilities decreased from 59.45 Cr in June 2014 to 48.12 Cr in March 2016, while total assets also declined from 59.45 Cr to 48.12 Cr in the same period. Cash flow from operating activities turned negative in March 2016, at -2.12 Cr, compared to a positive 4.37 Cr in March 2015, indicating a significant cash outflow. Overall, the financial performance of Morgan Ventures has shown a downward trend, particularly in sales and profitability, over the observed years.