How has been the historical performance of United Credit?

Answer:The historical performance of United Credit shows significant challenges in the fiscal year ending March 2009.

Breakdown:
In March 2009, United Credit reported net sales of 0.89 Cr and total operating income of 1.21 Cr, with total expenditure (excluding depreciation) amounting to 2.80 Cr. This resulted in an operating profit (PBDIT) of -1.42 Cr, indicating a negative operating profit margin of -131.07%. The company faced a profit before tax of -1.66 Cr and a profit after tax of -1.63 Cr, leading to a consolidated net profit of -1.61 Cr. The earnings per share (EPS) were reported at -2.93, reflecting the company's financial difficulties. In terms of cash flow, the net cash outflow was -2.36 Cr, with cash flow from operating activities also negative at -1.37 Cr. The closing cash and cash equivalents stood at 0.89 Cr, down from 3.25 Cr the previous year, highlighting a decline in liquidity. Overall, the financial metrics indicate a challenging year for United Credit, characterized by losses and reduced cash reserves.