How has been the historical performance of Richfield Fin?

Answer:The historical performance of Richfield Fin shows a gradual increase in net sales and profitability over the years.

Breakdown:
In the fiscal year ending March 2017, Richfield Fin reported net sales of 0.72 Cr, up from 0.55 Cr in March 2016. The total operating income also rose to 0.72 Cr from 0.55 Cr, with total expenditure increasing to 0.70 Cr from 0.49 Cr. Operating profit, excluding other income, decreased slightly to 0.02 Cr from 0.06 Cr, but with the inclusion of other income, the operating profit rose significantly to 0.24 Cr from 0.06 Cr. Profit before tax improved to 0.24 Cr compared to 0.05 Cr the previous year, leading to 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 surged to 31.48% from 6.72%. On the balance sheet, total assets grew to 5.98 Cr from 5.78 Cr, while total liabilities also increased to 5.98 Cr from 5.78 Cr. The cash flow from operating activities showed a positive trend, reaching 1.97 Cr in March 2017, compared to a negative cash flow in the previous year. Overall, Richfield Fin demonstrated improved financial performance with increased sales, profits, and a positive cash flow position.