How has been the historical performance of Varvee Global?

Answer:The historical performance of Varvee Global shows a declining trend in key financial metrics over the past three years.

Breakdown:
Varvee Global's net sales decreased from 824.42 Cr in March 2018 to 564.68 Cr in March 2020, reflecting a significant drop. Total operating income followed a similar trend, falling from 827.06 Cr in March 2018 to 564.68 Cr in March 2020. The company's total expenditure also decreased from 746.82 Cr in March 2018 to 530.60 Cr in March 2020. However, operating profit (PBDIT) declined from 82.78 Cr in March 2018 to 35.81 Cr in March 2020, leading to a negative profit before tax of -55.53 Cr in March 2020, compared to a profit of 6.38 Cr in March 2018. Consequently, profit after tax also turned negative, reaching -41.93 Cr in March 2020, down from 5.61 Cr in March 2018. The company's total assets decreased from 918.68 Cr in March 2018 to 842.80 Cr in March 2020, while total liabilities also fell from 918.68 Cr to 842.80 Cr in the same period. Cash flow from operating activities improved slightly from 37.76 Cr in March 2018 to 64.00 Cr in March 2020, but cash flow from financing activities showed a negative trend, indicating challenges in financing operations. Overall, Varvee Global has faced a decline in sales, profits, and asset values over the analyzed period.