How has been the historical performance of SPL Industries?

Answer:The historical performance of SPL Industries shows a declining trend in net sales and profitability over the years from 2009 to 2011. Breakdown: SPL Industries experienced a significant drop in net sales from INR 369.07 crore in March 2009 to INR 158.37 crore in March 2011. Other operating income remained relatively stable, resulting in total operating income decreasing from INR 369.76 crore in March 2009 to INR 158.99 crore in March 2011. The raw material costs also decreased significantly, from INR 177.69 crore in March 2009 to INR 69.74 crore in March 2011, alongside a reduction in employee costs from INR 38.68 crore to INR 18.88 crore over the same period. Despite these reductions in costs, the company reported an operating profit (PBDIT) that turned negative, going from a profit of INR 35.57 crore in March 2009 to a loss of INR 53.69 crore in March 2011. Consequently, the profit before tax and profit after tax also worsened, with losses escalating from INR 15.24 crore and INR 14.31 crore in March 2009 to INR 68.54 crore and INR 70.09 crore in March 2011, respectively. The earnings per share (EPS) reflected this decline, falling from -4.94 in March 2009 to -24.17 in March 2011, indicating a deteriorating financial position for the company.