How has been the historical performance of Riddhi Steel?

Answer:The historical performance of Riddhi Steel shows a trend of increasing net sales and profit over the years, with significant growth in the latest fiscal year.

Breakdown:
Riddhi Steel's net sales have shown a steady increase, rising from 302.67 Cr in Mar'23 to 391.13 Cr in Mar'25. This growth is accompanied by a rise in total operating income, which reached 391.13 Cr in Mar'25, up from 327.57 Cr in Mar'24. The company's total expenditure, excluding depreciation, also increased to 369.22 Cr in Mar'25 from 308.86 Cr in Mar'24, primarily driven by higher raw material costs which surged to 393.46 Cr. Despite these rising costs, Riddhi Steel managed to improve its operating profit, which increased to 24.72 Cr in Mar'25 from 21.32 Cr in Mar'24. Consequently, profit before tax rose to 10.20 Cr in Mar'25, compared to 6.55 Cr in Mar'24, leading to a profit after tax of 7.59 Cr, up from 4.80 Cr. The company's total assets also grew to 200.92 Cr in Mar'25 from 196.61 Cr in Mar'24, while total liabilities slightly increased to 200.92 Cr from 196.61 Cr. Cash flow from operating activities improved to 12.00 Cr in Mar'25, reflecting a positive trend in cash generation. Overall, Riddhi Steel's financial metrics indicate a robust performance trajectory, with significant improvements in sales, profits, and asset management over the observed period.