How has been the historical performance of Riddhi Corporate?

Answer:The historical performance of Riddhi Corporate shows a positive trend in 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 grew from 32.84 Cr to 50.71 Cr. Operating profit (PBDIT) also improved significantly, reaching 4.83 Cr, up from 2.13 Cr, with an operating profit margin of 4.37% compared to 1.24% in the prior year. Profit before tax increased to 3.57 Cr from 1.07 Cr, leading to a profit after tax of 1.45 Cr, up from 0.81 Cr. The earnings per share rose to 1.32 from 0.85. On the balance sheet, total liabilities increased to 44.11 Cr from 38.48 Cr, while total assets also grew to 44.11 Cr. The cash flow from operating activities showed a positive trend with a cash flow of 6.00 Cr in March 2019, compared to a negative cash flow in the previous year. Overall, Riddhi Corporate demonstrated strong growth in sales, profits, and operational efficiency during this period.