How has been the historical performance of Hercules Hoists?

Answer:The historical performance of Hercules Hoists shows a decline in profitability and a mixed trend in revenue and expenses from March 2023 to March 2024.

Breakdown:
Hercules Hoists reported net sales of 179.53 Cr in March 2024, an increase from 150.77 Cr in March 2023. Total operating income also rose to 179.53 Cr from 150.77 Cr, while total expenditure increased to 150.42 Cr from 134.06 Cr. The operating profit (PBDIT) excluding other income improved significantly to 29.11 Cr from 16.71 Cr, leading to an overall operating profit of 51.51 Cr compared to 34.40 Cr the previous year. However, profit before tax fell sharply to 46.63 Cr from 116.11 Cr, resulting in a profit after tax of 35.98 Cr, down from 103.30 Cr. The earnings per share decreased to 11.24 from 32.28, and the operating profit margin improved to 16.21% from 11.08%, while the profit after tax margin dropped to 20.04% from 68.51%. On the balance sheet, total assets increased to 1,050.58 Cr from 773.80 Cr, with total liabilities also rising to 1,050.58 Cr from 773.80 Cr. Cash flow from operating activities improved to 28.00 Cr from 11.00 Cr, but the net cash outflow was recorded at -3.00 Cr compared to a net inflow of 1.00 Cr in the previous year.