How has been the historical performance of the Golden Tobacco?

Answer:The historical performance of Golden Tobacco shows significant fluctuations in its financial metrics over the years.

Breakdown:
Golden Tobacco's net sales have varied considerably, peaking at Rs 92.97 crore in March 2018 before declining to Rs 41.79 crore in March 2021. The total operating income followed a similar trend, reaching Rs 101.02 crore in March 2016 and dropping to Rs 41.79 crore in March 2021. The company experienced a notable operating profit of Rs 15.49 crore in March 2021, a recovery from a loss of Rs 12.02 crore in the previous year. Profit before tax also improved to Rs 7.63 crore in March 2021, compared to a loss of Rs 2.21 crore in March 2020. The net profit for March 2021 was Rs 7.63 crore, a significant turnaround from a loss of Rs 1.59 crore in March 2020. However, the company's total assets decreased from Rs 310.62 crore in March 2017 to Rs 148.61 crore in March 2021, while total liabilities also declined from Rs 267.12 crore to Rs 148.61 crore in the same period. The cash flow from operating activities showed a decline to Rs 0.00 crore in March 2021 from Rs 20.00 crore in March 2020, indicating challenges in generating cash from operations. Overall, while Golden Tobacco has shown signs of recovery in profitability, its sales and asset base have significantly contracted over the years.