How has been the historical performance of the Omega Interactiv?
Omega Interactiv's historical performance has been volatile, with net sales peaking at Rs 0.14 crore in Mar'11 before declining to Rs 0.09 crore in Mar'12, leading to negative operating profits and a significant drop in shareholder funds to -Rs 4.05 crore by Mar'12. The company has struggled with profitability and financial stability during this period.
Answer:The historical performance of Omega Interactiv shows a fluctuating trend in its financial metrics over the years.Breakdown:
Omega Interactiv's net sales increased from Rs 0.01 crore in Mar'08 to Rs 0.14 crore in Mar'11, before declining to Rs 0.09 crore in Mar'12. The total operating income followed a similar pattern, peaking at Rs 0.14 crore in Mar'11 and then dropping to Rs 0.09 crore in Mar'12. The company's total expenditure rose significantly from Rs 0.01 crore in Mar'08 to Rs 0.46 crore in Mar'12, leading to an operating profit (PBDIT) that turned negative at -Rs 0.37 crore in Mar'12, compared to a positive Rs 0.04 crore in Mar'11. Consequently, the profit before tax also fell to -Rs 0.38 crore in Mar'12 from a profit of Rs 0.04 crore in Mar'11. The net profit showed a similar decline, moving from -Rs 0.55 crore in Mar'11 to -Rs 0.38 crore in Mar'12. The company's shareholder's funds turned negative to -Rs 4.05 crore in Mar'12 from a slight positive of Rs 0.09 crore in Mar'11. Cash flow from operating activities also deteriorated, resulting in a net cash outflow of -Rs 0.28 crore in Mar'12, down from a net inflow of Rs 0.34 crore in Mar'11. Overall, Omega Interactiv has faced challenges in maintaining profitability and managing its financial health over the observed years.
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