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:
Spectra Industri's net sales have dropped from 85.99 Cr in March 2018 to 0.00 Cr in March 2023, indicating a complete cessation of revenue generation. The total operating income followed a similar trend, falling from 85.99 Cr in March 2018 to 0.00 Cr in March 2023. The company's total expenditure, excluding depreciation, decreased from 95.17 Cr in March 2018 to 0.62 Cr in March 2023, reflecting a drastic reduction in operational costs. Operating profit (PBDIT) also deteriorated, moving from a profit of 5.01 Cr in March 2017 to a loss of 0.62 Cr in March 2023. The profit before tax transitioned from a profit of 1.73 Cr in March 2017 to a loss of 3.45 Cr in March 2023, while the profit after tax mirrored this decline, falling from a profit of 1.26 Cr in March 2017 to a loss of 3.34 Cr in March 2023. The company's total assets decreased from 51.35 Cr in March 2018 to 10.76 Cr in March 2023, and total liabilities also declined from 15.81 Cr in March 2019 to 10.76 Cr in March 2023. Cash flow from operating activities showed a slight improvement, increasing from 2.92 Cr in March 2018 to 5.00 Cr in March 2023, but cash flow from financing activities remained negative throughout the years. Overall, the financial trajectory of Spectra Industri indicates a troubling decline in both operational performance and financial health.