How has been the historical performance of Swastik Safe Dep?
Swastik Safe Dep's historical performance from 2008 to 2010 shows significant growth, with net sales increasing from 2.66 crore in 2008 to 21.22 crore in 2010, and a turnaround from losses to a profit after tax of 10.69 crore in 2010. The company demonstrated strong operating profit margins and improved earnings per share during this period.
Answer:The historical performance of Swastik Safe Dep shows a significant improvement in financial metrics from 2008 to 2010.Breakdown:
In the fiscal year ending March 2010, Swastik Safe Dep reported net sales of 21.22 crore, a slight increase from 21.19 crore in 2009 and a substantial rise from just 2.66 crore in 2008. The total operating income mirrored this trend, reaching 21.22 crore in 2010, compared to 21.19 crore in 2009 and 2.66 crore in 2008. Operating profit (PBDIT) also saw a notable increase, climbing to 21.19 crore in 2010 from 21.16 crore in 2009 and 2.64 crore in 2008. The company transitioned from a loss in previous years to a profit before tax of 14.09 crore in 2010, recovering from a loss of 5.87 crore in 2009 and 1.77 crore in 2008. Profit after tax followed suit, reaching 10.69 crore in 2010, up from a loss of 6.41 crore in 2009 and a loss of 1.77 crore in 2008. The earnings per share (EPS) reflected this positive trend, soaring to 445.29 in 2010 from a negative EPS of -267.08 in 2009 and a positive 15.96 in 2008. The operating profit margin remained high at 99.85% in 2010, slightly down from 99.87% in 2009, while the profit after tax margin improved to 50.35% in 2010 from -30.25% in 2009. Overall, the financial performance of Swastik Safe Dep has shown a remarkable recovery and growth over the three years analyzed.
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