How has been the historical performance of Richfield Fin?

Answer:The historical performance of Richfield Fin shows a positive trend in various financial metrics 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 significantly to 0.02 Cr from 0.06 Cr, and with other income included, the operating profit reached 0.24 Cr compared to 0.06 Cr in the prior year. Profit before tax surged to 0.24 Cr from 0.05 Cr, leading to a profit after tax of 0.23 Cr, up from 0.04 Cr. The earnings per share (EPS) also saw a notable increase to 0.61 from 0.1. The operating profit margin decreased to 2.36% from 10.16%, while the profit after tax margin improved to 31.48% from 6.72%. On the balance sheet, total assets grew to 5.98 Cr from 5.78 Cr, with total liabilities also increasing slightly to 5.98 Cr from 5.78 Cr. Cash flow from operating activities turned positive 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, Richfield Fin demonstrated growth in sales and profitability, alongside a stable balance sheet position.