How has been the historical performance of RLF?

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

Breakdown:
RLF's net sales peaked at 1.22 Cr in March 2016 but declined to 0.96 Cr by March 2019, with a notable drop from 1.15 Cr in March 2018. The total operating income followed a similar pattern, reaching 1.22 Cr in March 2016 and decreasing to 0.96 Cr in March 2019. The total expenditure, excluding depreciation, also decreased from 0.97 Cr in March 2016 to 0.68 Cr in March 2019. Operating profit (PBDIT) showed some improvement, rising from 0.25 Cr in March 2016 to 0.33 Cr in March 2019, although the operating profit margin fluctuated significantly, peaking at 38.36% in March 2017 before dropping to 29.17% in March 2019. Despite these improvements, RLF reported a profit before tax of -0.08 Cr in March 2019, an improvement from -0.90 Cr in March 2016. The profit after tax also showed a positive trend, moving from -0.94 Cr in March 2016 to -0.08 Cr in March 2019. The consolidated net profit turned positive in March 2018 at 0.33 Cr and further increased to 0.67 Cr in March 2019. Earnings per share improved from -0.71 in March 2016 to 0.68 in March 2019. Cash flow from operating activities remained negative in March 2019 at 0.00 Cr, reflecting ongoing challenges in cash generation. Overall, while RLF has shown some recovery in profitability, it still faces significant challenges in sales and cash flow management.