How has been the historical performance of Econo Trade Indi?
Econo Trade Indi showed significant growth from March 2015 to March 2016, with net sales increasing from 4.40 Cr to 19.79 Cr and profit after tax rising from 0.10 Cr to 0.30 Cr, despite a decrease in operating profit margin. The company also improved its cash flow, moving from -2.86 Cr to 3.19 Cr in operating activities.
Answer:The historical performance of Econo Trade Indi shows significant growth from March 2015 to March 2016.Breakdown:
Econo Trade Indi experienced a notable increase in net sales, rising from 4.40 Cr in March 2015 to 19.79 Cr in March 2016. Total operating income also saw a substantial jump from 4.40 Cr to 22.38 Cr during the same period. The company's total expenditure, excluding depreciation, increased from 4.18 Cr to 21.94 Cr. Despite this rise in expenses, the operating profit (PBDIT) improved from 0.23 Cr to 0.44 Cr, leading to a profit before tax of 0.43 Cr, up from 0.21 Cr. The profit after tax also increased significantly from 0.10 Cr to 0.30 Cr. Earnings per share rose from 0.05 to 0.16, while the operating profit margin decreased from 5.13% to 1.97%. The company's total assets increased from 36.59 Cr to 36.97 Cr, with total liabilities remaining stable. Cash flow from operating activities improved from -2.86 Cr to 3.19 Cr, resulting in a net cash inflow of 0.34 Cr compared to 0.11 Cr the previous year. Overall, Econo Trade Indi demonstrated strong growth in sales and profitability, alongside improved cash flow management.
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