How has been the historical performance of Euro Asia Export?

Answer:The historical performance of Euro Asia Export shows a significant increase in net sales for the year ending March 2024, reaching 12.51 Cr, compared to just 0.26 Cr in March 2023. This marks a substantial growth from previous years, where net sales were 0.36 Cr in March 2022, 1.77 Cr in March 2021, and 4.18 Cr in March 2019. Total operating income mirrored this trend, rising to 12.51 Cr in March 2024 from 0.26 Cr in the previous year. The company maintained a consistent raw material cost of 0.00 Cr across the years, while the purchase of finished goods surged to 12.20 Cr in March 2024, up from 0.16 Cr in March 2022 and 1.50 Cr in March 2021. Total expenditure also increased significantly to 12.47 Cr in March 2024 from 0.25 Cr in March 2023. Operating profit, excluding other income, was 0.04 Cr in March 2024, a slight increase from 0.01 Cr in March 2023. Profit before tax rose to 0.04 Cr in March 2024, with a corresponding profit after tax of 0.02 Cr, consistent with the previous year. The earnings per share (EPS) remained stable at 0.13 in March 2024, similar to March 2023.

Breakdown:
Euro Asia Export's financial performance has shown remarkable improvement in recent years, particularly in net sales, which surged to 12.51 Cr in March 2024 from a mere 0.26 Cr in March 2023. This growth trend is evident as the company transitioned from 0.36 Cr in March 2022 and 1.77 Cr in March 2021 to its current figures. Total operating income followed suit, reaching 12.51 Cr in March 2024. The company's expenditure also increased significantly, totaling 12.47 Cr in March 2024, primarily driven by a notable rise in the purchase of finished goods to 12.20 Cr. Despite these increases in sales and expenditure, Euro Asia Export managed to achieve an operating profit of 0.04 Cr and a profit before tax of 0.04 Cr in March 2024. The net profit remained stable at 0.02 Cr, reflecting consistent performance over the past few years. Overall, the company's financial metrics indicate a positive trajectory in revenue generation and profitability.