How has been the historical performance of the Galaxy Cloud?
Galaxy Cloud's historical performance shows significant sales growth from Rs 12.75 crore in 2013 to Rs 40.56 crore in 2015, but profitability declined sharply, with net profit falling from Rs 4.58 crore to Rs 0.14 crore, alongside decreasing cash flow and tightening liquidity. Overall, the company faced challenges in maintaining profitability despite rising sales.
Answer:The historical performance of Galaxy Cloud shows a fluctuating trend in its financial metrics over the years.Breakdown:
Galaxy Cloud's net sales increased from Rs 12.75 crore in March 2013 to Rs 40.56 crore in March 2015, indicating a significant growth trajectory. Other operating income, however, saw a decline from Rs 15.28 crore in March 2013 to Rs 4.10 crore in March 2015. Total operating income followed a similar pattern, rising from Rs 28.02 crore in March 2013 to Rs 44.66 crore in March 2015. The total expenditure, excluding depreciation, also increased from Rs 15.79 crore in March 2013 to Rs 41.56 crore in March 2015. Operating profit (PBDIT) decreased from Rs 12.24 crore in March 2013 to Rs 3.10 crore in March 2015, reflecting a decline in profitability. Profit before tax showed a downward trend, dropping from Rs 4.58 crore in March 2013 to Rs 0.14 crore in March 2015. The net profit mirrored this decline, falling from Rs 4.58 crore in March 2013 to Rs 0.14 crore in March 2015. Total assets decreased from Rs 43.58 crore in March 2013 to Rs 33.93 crore in March 2015, while total liabilities also declined from Rs 43.58 crore to Rs 33.93 crore during the same period. Cash flow from operating activities decreased from Rs 14.58 crore in March 2014 to Rs 5.14 crore in March 2015, and the closing cash and cash equivalents dropped from Rs 0.56 crore in March 2014 to Rs 0.12 crore in March 2015, indicating a tightening liquidity position. Overall, Galaxy Cloud's financial performance reflects challenges in maintaining profitability and cash flow despite growth in sales.
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