How has been the historical performance of Kanishk Steel?

Answer:The historical performance of Kanishk Steel shows a mixed trend from March 2015 to March 2016.

Breakdown:
In the fiscal year ending March 2016, Kanishk Steel reported net sales of 272.61 Cr, a decline from 303.80 Cr in the previous year. Total operating income mirrored this trend, remaining at 272.61 Cr compared to 303.80 Cr in March 2015. The company's total expenditure decreased to 271.90 Cr from 297.27 Cr, leading to an operating profit (PBDIT) of 11.23 Cr, which was an increase from 7.89 Cr in the prior year. Profit before tax rose significantly to 6.12 Cr from 1.41 Cr, resulting in a profit after tax of 4.73 Cr, a notable recovery from a loss of 0.26 Cr in the previous year. The earnings per share (EPS) improved to 1.76 from a negative 0.23. On the balance sheet, total liabilities increased to 157.86 Cr from 142.78 Cr, while total assets also grew to 157.86 Cr from 142.78 Cr. Cash flow from operating activities turned negative at -11.67 Cr, contrasting with a positive 12.86 Cr in the previous year, although net cash inflow improved to 1.61 Cr from an outflow of 1.58 Cr. Overall, while Kanishk Steel faced challenges in sales and cash flow, it demonstrated improvements in profitability and asset management.