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 other operating income of 0.32 Cr, leading to a total operating income of 1.21 Cr. However, the company faced substantial expenditures totaling 2.80 Cr, resulting in an operating profit (PBDIT) of -1.42 Cr. After accounting for interest and depreciation, the profit before tax stood at -1.66 Cr, leading to a profit after tax of -1.63 Cr, and a consolidated net profit of -1.61 Cr. The earnings per share were reported at -2.93, indicating a negative performance. The operating profit margin was -131.07%, and the profit after tax margin was -134.96%. In terms of cash flow, the company experienced a net cash outflow of -2.36 Cr, with cash and cash equivalents decreasing to 0.89 Cr by the end of March 2009. Overall, the financial metrics reflect a period of significant losses and operational difficulties for United Credit.