How has been the historical performance of the VIRAT LEASING?

Answer:The historical performance of VIRAT LEASING shows significant fluctuations in its financial metrics over the years. Breakdown: VIRAT LEASING's net sales have seen a dramatic decline from Rs 35.23 crore in March 2017 to just Rs 1.10 crore in March 2019. Other operating income remained negligible throughout this period, leading to total operating income that also fell sharply from Rs 35.23 crore in March 2017 to Rs 1.10 crore in March 2019. The total expenditure, excluding depreciation, mirrored this trend, decreasing from Rs 35.52 crore in March 2017 to Rs 1.03 crore in March 2019. Operating profit fluctuated, with a loss of Rs 0.28 crore in March 2017 turning into a profit of Rs 0.17 crore by March 2019. Profit before tax followed a similar pattern, moving from a loss of Rs 0.08 crore in March 2017 to a profit of Rs 0.17 crore in March 2019. Consequently, profit after tax improved from a loss of Rs 0.08 crore in March 2017 to a profit of Rs 0.14 crore in March 2019. The company's total assets decreased from Rs 19.56 crore in March 2016 to Rs 15.90 crore in March 2019, while total liabilities also declined from Rs 19.82 crore in March 2015 to Rs 15.90 crore in March 2019. Cash flow from operating activities showed a recovery, moving from a negative Rs 4.05 crore in March 2017 to a neutral position in March 2019. Overall, the financial performance of VIRAT LEASING reflects a challenging period with significant revenue declines but a recent return to profitability.