How has been the historical performance of Tiger Logistics?

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

Breakdown:
Tiger Logistics reported net sales of 301.48 Cr in March 2020, down from 330.36 Cr in March 2019 and 324.24 Cr in March 2018, indicating a downward trend in revenue. The total operating income mirrored this decline, remaining at 301.48 Cr in March 2020, compared to 330.36 Cr in the previous year. The company faced total expenditures of 310.41 Cr in March 2020, slightly lower than 316.43 Cr in March 2019. This resulted in an operating profit (PBDIT) of -7.23 Cr in March 2020, a stark contrast to the positive 14.29 Cr in March 2019. Consequently, the profit before tax also fell to -12.16 Cr in March 2020 from 10.49 Cr in the prior year, leading to a profit after tax of -12.38 Cr, down from 6.34 Cr. The company's total assets decreased to 104.35 Cr in March 2020 from 124.05 Cr in March 2019, while total liabilities also fell to 104.35 Cr from 124.05 Cr, indicating a tightening financial position. Cash flow from operating activities showed a slight improvement at 2.00 Cr in March 2020, compared to -4.00 Cr in March 2019, but the overall cash position remained negative with closing cash and cash equivalents at -30.00 Cr.