How has been the historical performance of Onesource Indus.?
Onesource Indus. experienced a significant decline in financial performance from March 2018 to March 2019, with net sales dropping from 0.93 Cr to 0.30 Cr and a shift from profit to substantial losses in operating profit, profit before tax, and profit after tax. Total assets and liabilities decreased, while cash flow from operating activities remained stagnant.
Answer:The historical performance of Onesource Indus. shows a decline in key financial metrics from March 2018 to March 2019.Breakdown:
Onesource Indus. experienced a significant drop in net sales, decreasing from 0.93 Cr in March 2018 to 0.30 Cr in March 2019. Total operating income followed this trend, also falling from 0.93 Cr to 0.30 Cr. The company's total expenditure decreased slightly from 1.06 Cr to 0.89 Cr, yet the operating profit (PBDIT) turned negative, moving from a profit of 0.10 Cr in March 2018 to a loss of 0.55 Cr in March 2019. Consequently, profit before tax fell from 0.05 Cr to a loss of 0.61 Cr, leading to a profit after tax decline from 0.04 Cr to a loss of 0.58 Cr. The earnings per share (EPS) reflected this downturn, dropping from 0.07 to -1.07. In terms of assets, total assets decreased from 5.31 Cr to 4.69 Cr, while total liabilities also fell from 5.31 Cr to 4.69 Cr. The cash flow from operating activities remained stagnant at 0.00 Cr, compared to a negative cash flow of -1.02 Cr in the previous year. Overall, the financial performance of Onesource Indus. indicates a challenging year with substantial losses and declining revenues.
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