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:
Riddhi Corporate's net sales increased significantly from 59.53 Cr in March 2019 to 81.47 Cr in March 2020, reflecting a strong growth in total operating income, which also rose from 59.53 Cr to 81.47 Cr. The total expenditure, excluding depreciation, increased from 58.79 Cr to 77.91 Cr, driven primarily by higher employee costs, which jumped from 32.84 Cr to 50.71 Cr. Despite the rise in expenses, the operating profit (PBDIT) improved from 2.13 Cr to 4.83 Cr, indicating enhanced operational efficiency. Profit before tax also saw a notable increase from 1.07 Cr to 3.57 Cr, leading to a profit after tax growth from 0.81 Cr to 1.45 Cr. The earnings per share (EPS) rose from 0.85 to 1.32, and the operating profit margin improved from 1.24% to 4.37%. On the balance sheet, total liabilities increased from 44.11 Cr in March 2019 to 44.11 Cr in March 2020, while total assets remained stable at 44.11 Cr. The cash flow from operating activities improved significantly, resulting in a closing cash equivalent of 7.00 Cr, up from 1.06 Cr the previous year. Overall, Riddhi Corporate demonstrated a solid financial performance with growth in sales, profits, and cash flow.