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 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, excluding depreciation, rose to 77.91 crore from 58.79 crore, leading to an operating profit (PBDIT) of 4.83 crore, up from 2.13 crore. Profit before tax also improved significantly to 3.57 crore from 1.07 crore, resulting in a profit after tax of 1.45 crore, compared to 0.81 crore the previous year. The earnings per share increased to 1.32 from 0.85, and the operating profit margin rose to 4.37% from 1.24%. On the balance sheet, total assets increased to 44.11 crore, while total liabilities also rose to 44.11 crore, reflecting a stable financial position. Cash flow from operating activities improved to 6.00 crore from a negative 3.07 crore, indicating better cash management. Overall, Riddhi Corporate demonstrated robust growth in sales, profits, and cash flow, highlighting a strong operational performance.