How has been the historical performance of Amalgamated Elec?
Amalgamated Elec experienced a decline in profitability from March 2012 to March 2013, with net profit turning negative at -0.01 Cr, despite an increase in net sales to 0.14 Cr. While cash flow from operations improved, overall financial results indicated a challenging year marked by reduced profits.
Answer:The historical performance of Amalgamated Elec shows a decline in profitability from March 2012 to March 2013.Breakdown:
In the fiscal year ending March 2013, Amalgamated Elec reported net sales of 0.14 Cr, an increase from 0.06 Cr in the previous year. However, total operating income also rose to 0.14 Cr from 0.06 Cr, while total expenditure increased to 0.19 Cr from 0.10 Cr. This led to an operating profit (PBDIT) of 0.01 Cr, down from 0.05 Cr. The profit before tax decreased to 0.01 Cr from 0.05 Cr, and the profit after tax fell significantly to -0.01 Cr from 0.04 Cr. Consequently, the net profit also turned negative at -0.01 Cr compared to a positive 0.04 Cr in the prior year. The earnings per share (EPS) reflected this downturn, dropping to -0.06 from 0.27. The operating profit margin improved slightly to -40.74% from -71.93%, while the PAT margin decreased to -6.67% from 66.67%. Cash flow from operating activities showed a positive trend at 0.66 Cr, up from 0.01 Cr, but cash flow from investing activities was negative at -0.65 Cr. Overall, the financial results indicate a challenging year for Amalgamated Elec, marked by a significant decline in profitability despite some improvements in sales and cash flow from operations.
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