How has been the historical performance of Sanstar?

Answer:The historical performance of Sanstar shows a mixed trend in its financial metrics from March 2023 to March 2024.

Breakdown:
In the fiscal year ending March 2024, Sanstar reported net sales of 1,067.27 crore, a decrease from 1,205.07 crore in the previous year. Total operating income followed the same trend, remaining at 1,067.27 crore compared to 1,205.07 crore in March 2023. The company's total expenditure, excluding depreciation, also decreased to 969.13 crore from 1,132.62 crore, primarily due to a reduction in raw material costs from 958.86 crore to 832.93 crore. Operating profit, excluding other income, improved to 98.14 crore from 72.45 crore, leading to an overall operating profit of 112.55 crore, up from 77.05 crore. Profit before tax rose significantly to 89.72 crore from 55.39 crore, and profit after tax increased to 66.77 crore from 41.81 crore, reflecting a positive trend in profitability. The earnings per share (EPS) also improved to 23.77 from 14.88, indicating enhanced shareholder value. However, cash flow from operating activities showed a modest recovery to 28 crore from a negative 6 crore in the previous year, while net cash outflow was recorded at 3 crore, down from an inflow of 5 crore. Overall, while Sanstar faced challenges in sales, it demonstrated improvements in profitability and cost management.