How has been the historical performance of the Vega Jewellers?

Answer:The historical performance of Vega Jewellers shows a declining trend in net sales and profitability over the years.

Breakdown:
Vega Jewellers reported net sales of Rs 32.56 crore in March 2019, down from Rs 38.16 crore in March 2018 and Rs 35.69 crore in March 2017. The total operating income mirrored this decline, remaining at Rs 32.56 crore in March 2019, compared to Rs 38.16 crore in the previous year. The company's total expenditure also decreased to Rs 31.99 crore in March 2019 from Rs 37.69 crore in March 2018. Operating profit (PBDIT) was Rs 0.68 crore in March 2019, a decrease from Rs 1.12 crore in March 2018 and Rs 1.16 crore in March 2017. The company faced losses, with profit before tax at -Rs 0.46 crore in March 2019, compared to -Rs 0.10 crore in March 2018 and a profit of Rs 0.02 crore in March 2017. Consequently, profit after tax also reflected losses of -Rs 0.27 crore in March 2019, -Rs 0.09 crore in March 2018, and no profit in March 2017. The total assets of the company decreased significantly from Rs 17.52 crore in March 2018 to Rs 2.87 crore in March 2021, while total liabilities also fell from Rs 17.52 crore in March 2018 to Rs 2.87 crore in March 2021. The cash flow from operating activities was positive at Rs 2.25 crore in March 2018 but dropped to zero in March 2021, indicating a significant decline in operational efficiency. Overall, the financial metrics indicate a challenging period for Vega Jewellers, with declining sales, increasing losses, and reduced asset values.