How has been the historical performance of T. Spiritual?

Answer:The historical performance of T. Spiritual shows a consistent trend of zero net sales and zero other operating income over the past seven years. Total operating income has remained at zero, with raw material costs, purchases of finished goods, and other operating expenses also consistently reported as zero. Employee costs have slightly increased from 0.04 crore in March 2019 to 0.07 crore in March 2025, while other expenses have shown a gradual increase from 0.63 crore in March 2019 to 0.14 crore in March 2025. Total expenditure has decreased from 0.67 crore in March 2019 to 0.21 crore in March 2025. Operating profit (PBDIT) has remained negative, improving from -0.67 crore in March 2019 to -0.20 crore in March 2025. Profit before tax and profit after tax have also shown similar negative trends, with the net profit improving from -2.33 crore in March 2020 to -0.20 crore in March 2025. The company's total assets have decreased from 4.26 crore in March 2020 to 1.35 crore in March 2025, while total liabilities have similarly decreased from 4.26 crore to 1.35 crore over the same period. The book value per share has declined from 2.12 in March 2020 to 0.67 in March 2025, indicating a reduction in shareholder equity.

Breakdown:
T. Spiritual has not generated any revenue over the past seven years, maintaining zero net sales and other operating income. The company's total operating income has consistently been zero, with only employee costs and other expenses recorded, the latter increasing slightly over time. Total expenditure has decreased significantly, reflecting a reduction in operational costs. Despite this, the company has continued to report negative operating profits, with losses narrowing over the years. The net profit has improved from a significant loss in previous years to a lesser loss in the most recent year. The total assets and liabilities have both decreased substantially, indicating a shrinking balance sheet. The book value per share has also declined, suggesting a decrease in the value attributed to shareholders. Overall, T. Spiritual's financial performance reflects ongoing challenges with profitability and asset management.