How has been the historical performance of Droneacharya Aer?
Droneacharya Aer experienced significant growth from March 2023 to March 2024, with net sales increasing to 35.25 crore from 18.57 crore, and profit after tax rising to 6.08 crore from 3.43 crore. The company also improved its operating profit margin and achieved a positive cash flow of 1.00 crore, recovering from a net outflow the previous year.
Answer:The historical performance of Droneacharya Aer shows significant growth in various financial metrics from March 2023 to March 2024.Breakdown:
In the fiscal year ending March 2024, Droneacharya Aer reported net sales of 35.25 crore, a substantial increase from 18.57 crore in the previous year. The total operating income mirrored this growth, reaching 35.25 crore compared to 18.57 crore in March 2023. Total expenditure, excluding depreciation, rose to 24.97 crore from 13.55 crore, while operating profit (PBDIT) increased to 12.29 crore from 5.59 crore, reflecting an operating profit margin of 29.16%, up from 27.03%. Profit before tax also saw an increase, reaching 8.34 crore from 4.64 crore, leading to a profit after tax of 6.08 crore, compared to 3.43 crore the previous year. The earnings per share rose to 2.53 from 1.43, indicating improved profitability. On the balance sheet, total assets increased to 76.16 crore from 69.72 crore, with shareholder's funds growing to 72.38 crore from 66.27 crore. Cash flow analysis revealed a net cash inflow of 1.00 crore in March 2024, a recovery from a net outflow of 9.00 crore in the previous year, highlighting a positive shift in cash management.
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