How has been the historical performance of NMDC Steel?

Answer:The historical performance of NMDC Steel shows significant growth in net sales, reaching 8,503.05 Cr in March 2025, up from 3,048.99 Cr in March 2024, and starting from zero in the previous two years. However, the company has faced substantial losses, with a profit after tax of -2,373.78 Cr in March 2025, worsening from -1,560.32 Cr in March 2024. The operating profit margin has improved slightly to -21.03% in March 2025 from -47.12% in March 2024, indicating a reduction in operational losses despite still being negative. The total expenditure has increased to 10,291.30 Cr in March 2025, compared to 4,485.68 Cr in March 2024, largely driven by raw material costs of 7,256.45 Cr.

Breakdown:
In terms of assets and liabilities, NMDC Steel's total liabilities decreased to 26,871.74 Cr in March 2025 from 28,718.26 Cr in March 2024, while total assets also declined to 26,871.74 Cr from 28,718.26 Cr in the same period. The company's shareholder's funds dropped to 13,114.48 Cr in March 2025 from 15,488.26 Cr in March 2024, reflecting the ongoing losses. Cash flow from operating activities showed a positive trend with 1,965.00 Cr in March 2025, recovering from -2,825.00 Cr in March 2024. However, the net cash inflow/outflow remained neutral at 0.00 Cr in March 2025, indicating challenges in cash management despite operational improvements. Overall, NMDC Steel's financial performance reflects a mix of growth in sales but persistent challenges in profitability and cash flow management.