How has been the historical performance of Vedant Asset?

Answer:The historical performance of Vedant Asset shows a gradual increase in net sales and profit over the past three years, with net sales rising from 1.59 Cr in Mar'22 to 3.24 Cr in Mar'24. The total operating income has also increased consistently, reaching 3.24 Cr in Mar'24, up from 1.59 Cr in Mar'22. However, the total expenditure has grown significantly, resulting in an operating profit (PBDIT) of 0.45 Cr in Mar'24, slightly down from 0.48 Cr in Mar'23. Profit before tax has shown a steady increase from 0.21 Cr in Mar'22 to 0.37 Cr in Mar'24, while profit after tax has also improved from 0.15 Cr in Mar'22 to 0.28 Cr in Mar'24. The earnings per share (EPS) have fluctuated slightly, standing at 1.01 in Mar'24 compared to 1.05 in Mar'23. On the balance sheet, total assets have increased from 2.54 Cr in Mar'22 to 6.77 Cr in Mar'24, with shareholder's funds also rising to 5.46 Cr. Cash flow from investing activities has been positive in Mar'24 at 2.00 Cr, contributing to a net cash inflow of 3.00 Cr.

Breakdown:
Vedant Asset's financial performance has shown a positive trend in net sales, which increased from 1.59 Cr in Mar'22 to 3.24 Cr in Mar'24, reflecting a steady growth in total operating income. Despite this growth, total expenditure has also risen, leading to a decrease in operating profit margin, which fell to -3.4% in Mar'24 from 8.81% in Mar'23. Profit before tax has steadily increased, reaching 0.37 Cr in Mar'24, while profit after tax has improved to 0.28 Cr. The company's total assets have significantly increased to 6.77 Cr in Mar'24, indicating robust growth in shareholder's funds, which rose to 5.46 Cr. The cash flow from investing activities turned positive in Mar'24, contributing to a net cash inflow of 3.00 Cr, showcasing improved liquidity and financial health.