How has been the historical performance of Omega Interactiv?
Omega Interactiv's historical performance shows fluctuating net sales and profitability, peaking in March 2011 before declining significantly by March 2012, resulting in negative operating profit and increased losses. The company's financial health deteriorated, with net profit dropping from -0.55 Cr in March 2011 to -0.38 Cr in March 2012.
Answer:The historical performance of Omega Interactiv shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent years.Breakdown:
From March 2008 to March 2012, Omega Interactiv's net sales increased from 0.01 Cr to 0.09 Cr, peaking in March 2011 at 0.14 Cr before declining again. The total operating income followed a similar pattern, reaching 0.14 Cr in March 2011 but dropping to 0.09 Cr in March 2012. The company's total expenditure saw a significant rise, escalating from 0.01 Cr in March 2008 to 0.46 Cr in March 2012, primarily driven by manufacturing expenses which surged to 0.45 Cr in the same year. Consequently, the operating profit (PBDIT) turned negative, recording -0.37 Cr in March 2012, a stark contrast to the positive figures of 0.04 Cr in March 2011 and 0.05 Cr in March 2010. The profit before tax also reflected this downturn, moving from a profit of 0.04 Cr in March 2011 to a loss of -0.38 Cr in March 2012. The consolidated net profit showed a similar decline, worsening from -0.55 Cr in March 2011 to -0.38 Cr in March 2012. The earnings per share (EPS) also deteriorated, falling to -0.75 in March 2012 from -0.18 in March 2011. Overall, the company's financial health appears to have weakened significantly by 2012, with increasing losses and declining revenues.
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