How has been the historical performance of Archies?
Archies showed positive financial growth from March 2007 to March 2008, with net sales increasing to 117.90 Cr and profit after tax rising to 8.17 Cr. Key metrics included improved cash flow and a slight increase in earnings per share to 2.42, despite a small decline in operating profit margin.
Answer:The historical performance of Archies shows a positive trend in key financial metrics from March 2007 to March 2008.Breakdown:
In the fiscal year ending March 2008, Archies reported net sales of 117.90 Cr, an increase from 104.73 Cr in the previous year. The total operating income mirrored this growth, reaching 117.90 Cr compared to 104.73 Cr in March 2007. The total expenditure, excluding depreciation, rose to 102.70 Cr from 90.93 Cr, leading to an operating profit (PBDIT) of 16.69 Cr, up from 15.12 Cr. Profit before tax also increased to 12.68 Cr from 11.87 Cr, resulting in a profit after tax of 8.17 Cr, slightly higher than the 7.82 Cr reported in the prior year. The earnings per share (EPS) showed a marginal increase to 2.42 from 2.40, while the operating profit margin decreased slightly to 12.89% from 13.18%. The cash flow from operating activities improved to 7.97 Cr from 7.09 Cr, and the net cash inflow rose significantly to 6.22 Cr from no inflow in the previous year, indicating a stronger cash position with closing cash and cash equivalents at 7.72 Cr compared to 1.50 Cr in March 2007.
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