How has been the historical performance of the Rose Merc.?

Answer:The historical performance of Rose Merc. shows significant changes from March 2023 to March 2024, particularly in revenue and profitability.

Breakdown:
In the fiscal year ending March 2024, Rose Merc. reported net sales of Rs 5.29 crore, a substantial increase from Rs 1.28 crore in the previous year. The total operating income also rose to Rs 5.29 crore from Rs 1.28 crore. However, total expenditure increased to Rs 5.40 crore from Rs 1.60 crore, driven primarily by a notable rise in other expenses, which surged to Rs 6.41 crore from Rs 0.39 crore. Despite these rising costs, the operating profit improved to Rs 0.44 crore from a loss of Rs 0.16 crore, leading to a profit before tax of Rs 0.38 crore compared to a loss of Rs 0.16 crore in the prior year. Consequently, the profit after tax also turned positive, reaching Rs 0.38 crore from a loss of Rs 0.16 crore. The earnings per share improved significantly to Rs 0.86 from a loss of Rs 0.75. On the balance sheet, total assets increased to Rs 18.97 crore from Rs 5.70 crore, while total liabilities rose to Rs 18.97 crore from Rs 5.70 crore, indicating a significant growth in the company's financial position. The cash flow from operating activities showed a negative trend, with outflows of Rs 4.00 crore in 2024 compared to Rs 2.00 crore in 2023, while cash flow from financing activities improved to Rs 13.00 crore from Rs 3.00 crore. Overall, Rose Merc. demonstrated a turnaround in profitability and a notable increase in sales, despite challenges in managing expenses and cash flow.