How has been the historical performance of Nitco?

Answer:The historical performance of Nitco shows a declining trend in net sales and profitability over the years, culminating in significant losses by March 2025.

Breakdown:
Nitco's net sales have decreased from 594.51 Cr in March 2019 to 314.39 Cr in March 2025, reflecting a consistent downward trajectory. Total operating income followed a similar trend, dropping from 594.51 Cr in March 2019 to 314.39 Cr in March 2025. The company has faced increasing total expenditures, which reached 349.12 Cr in March 2025, up from 368.09 Cr in March 2024 and 421.02 Cr in March 2023. Operating profit has remained negative, with an operating profit of -21.38 Cr in March 2025, compared to -38.00 Cr in March 2024. Profit before tax has worsened significantly, reaching -741.20 Cr in March 2025 from -162.70 Cr in March 2024. Consequently, the profit after tax also reflected substantial losses, amounting to -741.21 Cr in March 2025. The company's total liabilities increased to 921.11 Cr in March 2025, while total assets were reported at the same figure, indicating a challenging financial position. Cash flow from operating activities has been negative, with -147.00 Cr in March 2025, although the company reported a net cash inflow of 84.00 Cr due to financing activities. Overall, Nitco's financial performance has deteriorated significantly over the years, with increasing losses and declining revenues.