How has been the historical performance of Globe Commercial?

Answer:The historical performance of Globe Commercial for the period ending March 2024 shows a net sales figure of 162.36 crore, with total operating income also at 162.36 crore. The total expenditure, excluding depreciation, was recorded at 158.22 crore, leading to an operating profit (PBDIT) of 4.14 crore, which, when including other income, totals 4.18 crore. The profit before tax stands at 4.18 crore, and after accounting for tax of 1.13 crore, the profit after tax is 3.05 crore. This results in a consolidated net profit of 3.05 crore, with earnings per share (EPS) at 5.08 and a diluted EPS of 5.09. The operating profit margin, excluding other income, is 2.55%, while the profit after tax margin is 1.88%.

Breakdown:
In the fiscal year ending March 2024, Globe Commercial achieved net sales of 162.36 crore, reflecting its operational capabilities. The company incurred a total expenditure of 158.22 crore, primarily due to the purchase of finished goods amounting to 157.37 crore. The operating profit, excluding other income, was 4.14 crore, leading to a profit before tax of 4.18 crore after including other income. Following a tax expense of 1.13 crore, the profit after tax was recorded at 3.05 crore, which translates to a consolidated net profit of the same amount. The earnings per share were reported at 5.08, indicating a modest return for shareholders, while the operating profit margin and profit after tax margin were 2.55% and 1.88%, respectively, showcasing the company's profitability in its operations.