How has been the historical performance of Karnavati Financ?

Answer:The historical performance of Karnavati Financ shows a significant improvement in its financial metrics from March 2015 to March 2016.

Breakdown:
In the fiscal year ending March 2016, Karnavati Financ reported net sales of 0.44 crore, slightly down from 0.48 crore in March 2015. However, other operating income increased to 0.18 crore from none the previous year, leading to a total operating income of 0.62 crore, up from 0.48 crore. Total expenditure decreased significantly from 0.81 crore to 0.18 crore, contributing to an operating profit (PBDIT) of 0.45 crore, a turnaround from a loss of 0.33 crore in the prior year. Profit before tax also improved to 0.44 crore from a loss of 0.35 crore, resulting in a profit after tax of 0.37 crore compared to a loss of 0.38 crore in March 2015. The earnings per share rose to 0.44 from a loss of 0.45, and the operating profit margin increased dramatically to 70.99% from -69.75%. The company's total liabilities decreased from 28.72 crore to 21.60 crore, while total assets also fell from 28.72 crore to 21.60 crore. Cash flow from operating activities showed a positive trend with 5.00 crore in March 2025, compared to negative figures in previous years, indicating improved operational efficiency.