How has been the historical performance of Nouveau Global?

Answer:The historical performance of Nouveau Global shows a significant decline in net sales and profitability over the years, culminating in a challenging financial position by March 2021.

Breakdown:
Nouveau Global's net sales have decreased dramatically from 49.90 Cr in March 2015 to 0.00 Cr in March 2021, reflecting a consistent downward trend. Total operating income followed a similar trajectory, dropping from 50.97 Cr in March 2015 to 0.00 Cr in March 2021. The company has faced operating losses, with operating profit (PBDIT) declining from 3.78 Cr in March 2015 to -0.35 Cr in March 2021. Profit before tax also turned negative, reaching -0.58 Cr in March 2021, compared to a profit of 3.06 Cr in March 2015. Consequently, the profit after tax showed a similar decline, resulting in a loss of -0.59 Cr in March 2021. The company's total liabilities decreased from 46.23 Cr in March 2016 to 12.65 Cr in March 2021, while total assets also fell from 46.23 Cr to 12.65 Cr during the same period. Cash flow from operating activities has been negative since March 2020, indicating ongoing financial difficulties. Overall, Nouveau Global's financial performance has deteriorated significantly over the years, leading to substantial losses and a weakened financial position.