How has been the historical performance of Riddhi Corporate?
Riddhi Corporate's historical performance from March 2019 to March 2020 showed significant growth, with net sales increasing to 81.47 crore from 59.53 crore, and net profit rising to 1.50 crore from 0.97 crore, reflecting a strengthening financial position. Key metrics such as operating profit and earnings per share also improved notably during this period.
Answer:The historical performance of Riddhi Corporate shows a positive trend in its financial metrics from March 2019 to March 2020.Breakdown:
In the fiscal year ending March 2020, Riddhi Corporate reported net sales of 81.47 crore, an increase from 59.53 crore in the previous year. The total operating income mirrored this growth, reaching 81.47 crore compared to 59.53 crore in March 2019. Total expenditure also rose to 77.91 crore from 58.79 crore, primarily driven by higher employee costs, which increased to 50.71 crore from 32.84 crore. Consequently, the operating profit (PBDIT) improved significantly to 4.83 crore from 2.13 crore, reflecting an operating profit margin of 4.37%, up from 1.24%. Profit before tax rose to 3.57 crore from 1.07 crore, and profit after tax increased to 1.45 crore from 0.81 crore, resulting in a net profit of 1.50 crore compared to 0.97 crore the previous year. The earnings per share also improved to 1.32 from 0.85. Overall, Riddhi Corporate demonstrated a solid performance with increasing revenues and profitability, indicating a strengthening financial position.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
