How has been the historical performance of VIRAT LEASING?

Answer:The historical performance of VIRAT LEASING shows significant fluctuations in its financial metrics over the years.

Breakdown:
VIRAT LEASING's net sales have experienced a notable decline from INR 35.23 crore in March 2017 to INR 1.10 crore in March 2019. Other operating income remained negligible throughout the years, contributing to a total operating income that also fell from INR 35.23 crore in March 2017 to INR 1.10 crore in March 2019. Total expenditure, excluding depreciation, mirrored this trend, decreasing from INR 35.52 crore in March 2017 to INR 1.03 crore in March 2019. Operating profit (PBDIT) fluctuated, with a loss of INR 0.28 crore in March 2017 turning into a profit of INR 0.17 crore by March 2019. Profit before tax showed improvement, rising from a loss of INR 0.08 crore in March 2017 to a profit of INR 0.17 crore in March 2019. Consequently, profit after tax also increased from a loss of INR 0.08 crore in March 2017 to a profit of INR 0.14 crore in March 2019. The earnings per share (EPS) reflected this positive trend, increasing from a loss of INR 0.06 in March 2017 to INR 0.11 in March 2019. However, cash flow from operating activities remained negative until March 2019, when it stabilized at zero, while cash and cash equivalents decreased from INR 0.47 crore in March 2017 to zero in March 2019. Overall, the financial performance of VIRAT LEASING indicates a recovery in profitability metrics despite a significant drop in sales and cash reserves.