How has been the historical performance of Asia Pack?

Answer:The historical performance of Asia Pack shows a decline in net sales from INR 31.51 crore in March 2016 to INR 23.66 crore in March 2017. Total operating income also decreased from INR 31.53 crore to INR 23.69 crore during the same period. The company experienced a reduction in total expenditure, which fell from INR 31.77 crore to INR 23.94 crore. Despite this decrease in expenditure, the operating profit (PBDIT) excluding other income turned negative, moving from INR -0.24 crore in March 2016 to INR -0.25 crore in March 2017. The gross profit margin improved slightly from 2.31% to 2.63%, while the operating profit margin excluding other income worsened from -0.77% to -1.04%. Profit before tax decreased from INR 0.56 crore to INR 0.50 crore, and profit after tax also fell from INR 0.56 crore to INR 0.50 crore. The net profit declined from INR 0.49 crore to INR 0.43 crore, leading to a decrease in earnings per share from INR 1.85 to INR 1.65. The PAT margin improved from 1.78% to 2.1%, indicating a slight increase in profitability relative to sales.

Breakdown:
Asia Pack's financial results indicate a challenging year, with net sales and total operating income both declining significantly from the previous year. The company's total expenditure decreased, yet it was not enough to offset the negative operating profit, which reflects ongoing operational challenges. The slight improvement in gross profit margin suggests better cost management in production, but the worsening operating profit margin indicates difficulties in controlling overall expenses. Profit before tax and profit after tax both saw declines, contributing to a reduced net profit and lower earnings per share. However, the improvement in the PAT margin suggests that the company was able to enhance its profitability relative to its sales, despite the overall downturn in revenue.