How has been the historical performance of Spectra Industri?

Answer:The historical performance of Spectra Industri shows a significant decline in financial metrics over the years, particularly from 2018 onwards.

Breakdown:
From March 2017 to March 2018, Spectra Industri experienced its peak performance with net sales of 131.56 Cr and 85.99 Cr, respectively. However, by March 2023, net sales had dropped to 0.00 Cr, indicating a complete cessation of revenue generation. The total operating income followed a similar trend, decreasing from 131.56 Cr in March 2017 to 0.00 Cr in March 2023. Operating profit margins turned negative, with the company reporting an operating profit of -0.62 Cr in March 2023, compared to a positive 5.01 Cr in March 2017. Profit before tax also deteriorated from a profit of 1.73 Cr in March 2017 to a loss of 3.45 Cr in March 2023. The net profit figures reflect this downward trend, with losses increasing from -12.22 Cr in March 2018 to -3.34 Cr in March 2023. The company has not generated any cash flow from investing activities since March 2018, and cash flow from financing activities has been negative, indicating ongoing financial struggles. Overall, the data illustrates a troubling decline in the company's financial health over the years.