How has been the historical performance of Tiger Logistics?

Answer:The historical performance of Tiger Logistics shows a decline in net sales and profitability over the years, particularly in the most recent fiscal year.

Breakdown:
Tiger Logistics experienced a decrease in net sales from 330.36 Cr in March 2019 to 301.48 Cr in March 2020. The total operating income followed a similar trend, dropping from 330.36 Cr in March 2019 to 301.48 Cr in March 2020. The company's total expenditure also decreased slightly, from 316.43 Cr in March 2019 to 310.41 Cr in March 2020. However, this did not prevent a significant operating loss, with the operating profit (PBDIT) falling from 14.29 Cr in March 2019 to a loss of 7.23 Cr in March 2020. Consequently, the profit before tax turned negative, dropping from 10.49 Cr to -12.16 Cr, leading to a net loss after tax of -12.38 Cr in March 2020, compared to a profit of 6.34 Cr in the previous year. The company's total assets decreased from 124.05 Cr in March 2019 to 104.35 Cr in March 2020, while total liabilities also fell from 124.05 Cr to 104.35 Cr. Cash flow from operating activities showed a slight improvement, moving from -4.00 Cr in March 2019 to 2.00 Cr in March 2020, although the closing cash and cash equivalents remained negative at -30.00 Cr. Overall, the financial performance of Tiger Logistics reflects challenges in maintaining profitability and managing operational costs effectively.