How has been the historical performance of Vuenow Infratech?

Answer:The historical performance of Vuenow Infratech shows significant growth in the fiscal year ending March 2024, with net sales reaching 37.73 crore, a substantial increase from zero in the previous years. The total operating income for the same period was also 37.73 crore, reflecting the company's first recorded revenue. The total expenditure, excluding depreciation, was 30.37 crore, leading to an operating profit of 7.36 crore, a notable recovery from losses in prior years. The profit before tax stood at 6.69 crore, and after accounting for tax, the profit after tax was 5.12 crore, marking a positive turnaround from losses in the previous years. The earnings per share for March 2024 was reported at 2.95, compared to a loss of 0.32 in March 2023.

Breakdown:
In March 2024, Vuenow Infratech reported net sales of 37.73 crore, a dramatic increase from previous years where sales were recorded at zero. This growth translated into a total operating income of 37.73 crore, with total expenditure amounting to 30.37 crore, which included a significant portion of other expenses at 23.39 crore. The company achieved an operating profit of 7.36 crore, recovering from losses of 0.56 crore in the previous year. The profit before tax was 6.69 crore, leading to a profit after tax of 5.12 crore, showcasing a strong recovery from the negative figures seen in earlier years. The earnings per share improved to 2.95, indicating a positive shift in the company's financial health. The balance sheet reflects total liabilities of 55.25 crore and total assets of the same amount, with cash and cash equivalents at 5.00 crore, indicating a solid liquidity position.