How has been the historical performance of Richfield Fin?

Answer:The historical performance of Richfield Fin shows a positive trend in key 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 to 0.02 Cr from 0.06 Cr, and with other income included, the operating profit reached 0.24 Cr, up from 0.06 Cr. Profit before tax saw a significant increase to 0.24 Cr from 0.05 Cr, leading to a profit after tax of 0.23 Cr compared to 0.04 Cr in the prior year. The earnings per share (EPS) rose to 0.61 from 0.1, and the profit after tax margin improved to 31.48% from 6.72%. On the balance sheet, total assets increased to 5.98 Cr from 5.78 Cr, while total liabilities rose slightly to 5.98 Cr from 5.78 Cr. The 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, profits, and cash flow, indicating a strengthening financial position.