How has been the historical performance of Richfield Fin?

Answer:The historical performance of Richfield Fin shows a positive trend in net sales and profitability from March 2016 to March 2017.

Breakdown:
In the fiscal year ending March 2017, Richfield Fin reported net sales of 0.72 Cr, an increase from 0.55 Cr in the previous year. Total operating income also rose to 0.72 Cr from 0.55 Cr, while total expenditure increased to 0.70 Cr from 0.49 Cr. The operating profit (PBDIT) excluding other income improved to 0.02 Cr from 0.06 Cr, with other income contributing 0.22 Cr, leading to an overall operating profit of 0.24 Cr, up from 0.06 Cr. Profit before tax saw a significant rise to 0.24 Cr compared to 0.05 Cr in the prior year, resulting in a profit after tax of 0.23 Cr, up from 0.04 Cr. The earnings per share (EPS) increased to 0.61 from 0.1, and the profit after tax margin improved to 31.48% from 6.72%. However, cash flow from operating activities showed a positive trend at 1.97 Cr, compared to a negative cash flow of -0.03 Cr in the previous year, although cash flow from investing activities was negative at -2.07 Cr. Overall, the financial results indicate a strengthening position for Richfield Fin in terms of sales and profitability.