How has been the historical performance of Amalgamated Elec?
Amalgamated Elec's historical performance from March 2012 to March 2013 shows increased net sales and operating income, but a decline in profitability, with a profit after tax turning negative and earnings per share dropping significantly. Despite improved cash flow from operations, overall financial challenges persist.
Answer:The historical performance of Amalgamated Elec shows a decline in key financial metrics 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, leading 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 turned negative at -0.01 Cr compared to a profit of 0.04 Cr in the prior year. This resulted in an earnings per share (EPS) of -0.06, a significant drop from 0.27. The operating profit margin improved slightly to -40.74% from -71.93%, while the profit after tax margin fell 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 performance indicates challenges in profitability despite some improvements in sales and cash flow from operations.
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