How has been the historical performance of Riddhi Corporate?

Answer:The historical performance of Riddhi Corporate shows a positive trend in key financial metrics from March 2019 to March 2020.

Breakdown:
In the fiscal year ending March 2020, Riddhi Corporate reported net sales of 81.47 Cr, an increase from 59.53 Cr in March 2019. The total operating income mirrored this growth, reaching 81.47 Cr compared to 59.53 Cr the previous year. Total expenditure, excluding depreciation, rose to 77.91 Cr from 58.79 Cr, primarily driven by an increase in employee costs, which surged to 50.71 Cr from 32.84 Cr. Consequently, the operating profit (PBDIT) improved significantly to 4.83 Cr from 2.13 Cr, with an operating profit margin of 4.37%, up from 1.24%. Profit before tax also saw a notable rise to 3.57 Cr from 1.07 Cr, leading to a profit after tax of 1.45 Cr, compared to 0.81 Cr in the prior year. The earnings per share increased to 1.32 from 0.85, reflecting a robust performance. On the balance sheet, total liabilities increased to 44.11 Cr from 38.48 Cr, while total assets also grew to 44.11 Cr, indicating stability. The cash flow from operating activities improved to 6.00 Cr from -3.07 Cr, showcasing enhanced operational efficiency. Overall, Riddhi Corporate demonstrated significant growth in revenue and profitability, alongside improved cash flow management.