How has been the historical performance of Walchand People?
Walchand People's historical performance from 2008 to 2010 showed declining net sales, falling from 11.26 crore in 2008 to 10.69 crore in 2010, alongside increasing losses, with profit after tax improving slightly from -6.05 crore to -1.28 crore. Despite reduced expenditures, the company struggled with profitability throughout this period.
Answer:The historical performance of Walchand People shows a trend of declining net sales and increasing losses over the years from 2008 to 2010.Breakdown:
In the fiscal year ending March 2008, Walchand People reported net sales of 11.26 crore, which slightly increased to 11.79 crore in March 2009, but then fell to 10.69 crore by March 2010. The total operating income mirrored this trend, remaining consistent at 10.69 crore in 2010, down from 11.79 crore in 2009 and 11.26 crore in 2008. The company's total expenditure, excluding depreciation, decreased from 16.20 crore in 2008 to 14.42 crore in 2009, and further down to 11.83 crore in 2010. Despite this reduction in expenditure, the operating profit (PBDIT) remained negative, improving slightly from -4.02 crore in 2008 to -1.27 crore in 2009, and reaching -1.15 crore in 2010. The profit before tax also showed a similar pattern, moving from -4.58 crore in 2008 to -1.97 crore in 2009, and further to -0.76 crore in 2010. Consequently, the profit after tax improved from -6.05 crore in 2008 to -3.53 crore in 2009, and then to -1.28 crore in 2010. The earnings per share (EPS) reflected these losses, with figures of -21.24, -12.33, and -4.4 for the years ending March 2008, 2009, and 2010, respectively. Overall, while there were improvements in losses, the company struggled with profitability and sales during this period.
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