How has been the historical performance of Rishi Laser?

Answer:The historical performance of Rishi Laser shows a fluctuating trend in net sales and profitability over the years.

Breakdown:
Rishi Laser's net sales increased from 117.32 Cr in Mar'22 to 134.12 Cr in Mar'23, following a rise from 74.58 Cr in Mar'21. However, this figure is still below the peak of 141.13 Cr recorded in Mar'19. The total operating income mirrored this trend, reaching 134.12 Cr in Mar'23, up from 117.32 Cr in Mar'22. The total expenditure also rose to 125.34 Cr in Mar'23 from 112.24 Cr in Mar'22, primarily driven by an increase in raw material costs, which rose to 77.12 Cr. Operating profit (PBDIT) improved significantly to 10.62 Cr in Mar'23 from 6.94 Cr in Mar'22, indicating a recovery from a loss of 0.40 Cr in Mar'20. Profit before tax surged to 4.63 Cr in Mar'23, compared to just 0.41 Cr in Mar'22, while profit after tax also saw a notable increase to 4.94 Cr from 0.32 Cr. The company's total assets decreased to 84.00 Cr in Mar'23 from 93.72 Cr in Mar'22, and total liabilities also fell to 84.00 Cr from 93.72 Cr. Cash flow from operating activities was 4.00 Cr in Mar'23, down from 7.00 Cr in Mar'22, while cash flow from investing activities turned positive at 6.00 Cr in Mar'23 after being negative in the previous year. Overall, Rishi Laser's financial performance reflects a recovery in sales and profitability, despite fluctuations in total assets and liabilities.