How has been the historical performance of Fonebox Retail?

Answer:The historical performance of Fonebox Retail shows significant growth in various financial metrics from March 2022 to March 2023.

Breakdown:
Fonebox Retail's net sales increased from 90.91 Cr in March 2022 to 195.83 Cr in March 2023, indicating a strong upward trend in revenue. Total operating income mirrored this growth, rising to 195.83 Cr from 90.91 Cr. The total expenditure also rose significantly, from 90.07 Cr to 192.36 Cr, driven by higher purchases of finished goods and increased employee costs. Operating profit (PBDIT) improved to 3.90 Cr from 0.86 Cr, reflecting a better operating profit margin of 1.77% compared to 0.92% the previous year. Profit before tax surged to 2.20 Cr from 0.19 Cr, leading to a profit after tax of 1.60 Cr, up from 0.13 Cr, which resulted in an increase in earnings per share from 2.6 to 32.0. On the balance sheet, total assets grew from 21.11 Cr to 38.61 Cr, while total liabilities increased from 16.62 Cr to 24.58 Cr, primarily due to higher short-term borrowings. The cash flow from financing activities also improved, rising to 6.00 Cr from 3.00 Cr, although cash flow from operating activities remained negative at -5.00 Cr. Overall, Fonebox Retail demonstrated substantial growth in sales, profits, and asset base, while also managing increased liabilities effectively.