How has been the historical performance of Retina Paints?

Answer:The historical performance of Retina Paints shows a mixed financial picture for the year ending March 2024, with a net profit of 0.74 crore and total operating income of 11.66 crore.

Breakdown:
In the fiscal year ending March 2024, Retina Paints reported net sales of 11.66 crore, with total operating income matching this figure as there was no other operating income. The company's total expenditure, excluding depreciation, was 15.29 crore, leading to an operating profit (PBDIT) of -3.63 crore before accounting for other income. However, after including other income of 5.67 crore, the operating profit improved to 2.04 crore. The profit before tax stood at 1.04 crore, resulting in a profit after tax of 0.74 crore, which translates to a PAT margin of 6.35%. The company had an operating profit margin of -31.13% and a gross profit margin of 11.58%. On the balance sheet, total assets increased to 54.09 crore, with total liabilities also rising to 54.09 crore, indicating a balance between assets and liabilities. The book value per share adjusted to 22.26, reflecting growth from previous years. Cash flow from operating activities was negative at -10.00 crore, while cash flow from financing activities was positive at 12.00 crore, indicating reliance on financing to support operations.