How has been the historical performance of Scan Steels?

Answer:The historical performance of Scan Steels shows a declining trend in net sales over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and further decreasing to 789.20 Cr in Mar'25. Total operating income followed the same pattern, reflecting the same values as net sales. The company managed to reduce raw material costs significantly from 794.20 Cr in Mar'23 to 497.28 Cr in Mar'25, while the purchase of finished goods also saw a decrease from 73.58 Cr to 6.33 Cr in the same period. Despite these reductions, total expenditure excluding depreciation decreased from 1,042.18 Cr in Mar'23 to 743.84 Cr in Mar'25. Operating profit (PBDIT) showed slight fluctuations, with a peak of 54.59 Cr in Mar'23, slightly declining to 49.97 Cr in Mar'25. Profit before tax increased from 22.00 Cr in Mar'23 to 26.08 Cr in Mar'25, leading to a profit after tax of 19.60 Cr in Mar'25, up from 15.32 Cr in Mar'23. The earnings per share (EPS) also improved from 2.93 in Mar'23 to 3.69 in Mar'25, indicating a positive trend in profitability despite the drop in sales.

Breakdown:
Scan Steels has experienced a notable decline in net sales, dropping from 1,090.78 Cr in Mar'23 to 789.20 Cr in Mar'25. This decline in sales was accompanied by a significant reduction in raw material costs, which fell from 794.20 Cr to 497.28 Cr, and a decrease in the purchase of finished goods from 73.58 Cr to 6.33 Cr. Total expenditure, excluding depreciation, also decreased from 1,042.18 Cr to 743.84 Cr, contributing to a relatively stable operating profit margin that improved from 4.46% in Mar'23 to 5.75% in Mar'25. The profit before tax rose from 22.00 Cr to 26.08 Cr, and the profit after tax increased from 15.32 Cr to 19.60 Cr, reflecting a positive trend in profitability metrics. Additionally, the earnings per share saw an increase from 2.93 to 3.69, indicating improved shareholder value despite the challenges in sales performance.