How has been the historical performance of Modern Steels?

Answer:The historical performance of Modern Steels shows a significant decline in financial metrics over the years, particularly from Mar'20 to Mar'25.

Breakdown:
Modern Steels experienced a sharp decrease in net sales, dropping from 321.56 Cr in Mar'19 to 0.00 Cr by Mar'25. Total operating income followed a similar trend, falling from 321.56 Cr in Mar'19 to 0.00 Cr in Mar'25. The company's total expenditure, excluding depreciation, also decreased significantly, from 341.67 Cr in Mar'19 to 1.05 Cr in Mar'25. Operating profit (PBDIT) fluctuated, with a peak of 80.58 Cr in Mar'22, but turned negative in subsequent years, culminating in a loss of 1.05 Cr in Mar'25. Profit before tax and profit after tax also showed a downward trajectory, with a net profit of 4.44 Cr in Mar'25, down from 77.50 Cr in Mar'22. The company's total assets decreased from 112.67 Cr in Mar'20 to 18.80 Cr in Mar'25, while total liabilities also dropped from 95.06 Cr in Mar'21 to 18.80 Cr in Mar'25. Cash flow from operating activities remained positive at 3.00 Cr in Mar'25, but cash flow from investing activities turned negative at -4.00 Cr. Overall, Modern Steels has faced substantial challenges, reflected in its declining revenues, profits, and asset base over the years.