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 has consistently reported negative operating profits, with the operating profit (PBDIT) declining from 5.01 Cr in March 2017 to -0.62 Cr in March 2023. Profit before tax has also worsened, moving from a profit of 1.73 Cr in March 2017 to a loss of 3.45 Cr in March 2023. The profit after tax reflects this trend, deteriorating from a profit of 1.26 Cr in March 2017 to a loss of 3.34 Cr in March 2023. The company's total liabilities have decreased from 51.35 Cr in March 2018 to 10.76 Cr in March 2023, while total assets have similarly declined from 51.35 Cr to 10.76 Cr in the same period. Cash flow from operating activities has remained positive in recent years, reaching 5.00 Cr in March 2023, but cash flow from financing activities has been negative, indicating ongoing financial challenges. Overall, the data illustrates a troubling trend of declining revenues, increasing losses, and deteriorating financial health for Spectra Industri over the years.