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 notable decline in net sales, dropping from 4.13 Cr in June 2014 to just 0.35 Cr by March 2016. Total operating income followed a similar trend, decreasing from 4.13 Cr in June 2014 to 0.35 Cr in March 2016. The company faced increasing total expenditure, which peaked at 1.33 Cr in June 2014 before falling to 0.42 Cr by March 2016. Operating profit, which was positive at 2.83 Cr in June 2014, turned negative, reaching -0.07 Cr in March 2016. This decline in profitability is reflected in the profit before tax, which fell from 1.75 Cr in June 2014 to 0.00 Cr in March 2016, and the profit after tax, which dropped from 1.73 Cr to -0.00 Cr in the same period. The company's total assets decreased from 59.45 Cr in June 2014 to 48.12 Cr by March 2016, while total liabilities also declined from 59.45 Cr to 48.12 Cr. Cash flow from operating activities turned negative, dropping from 0.51 Cr in June 2014 to -2.12 Cr in March 2016, indicating a challenging operational environment. Overall, Morgan Ventures has shown a downward trend in sales, profitability, and cash flow over the observed period.