How has been the historical performance of Scan Steels?

Answer:The historical performance of Scan Steels shows a declining trend in net sales and total operating income over the past three years, with figures of 1,090.78 Cr in Mar'23, 965.41 Cr in Mar'24, and 789.20 Cr in Mar'25. The company has also seen a significant reduction in raw material costs, which decreased from 794.20 Cr in Mar'23 to 497.28 Cr in Mar'25. Despite the drop in sales, the operating profit margin (excluding other income) improved from 4.46% in Mar'23 to 5.75% in Mar'25, indicating better cost management. Profit before tax increased from 22.00 Cr in Mar'23 to 26.08 Cr in Mar'25, and profit after tax rose from 15.32 Cr in Mar'23 to 19.60 Cr in Mar'25. The earnings per share (EPS) also improved from 2.93 in Mar'23 to 3.69 in Mar'25. On the balance sheet, total liabilities decreased from 608.30 Cr in Mar'24 to 579.22 Cr in Mar'25, while total assets also saw a decline from 608.30 Cr to 579.22 Cr during the same period. The company maintained a strong reserve position, increasing from 313.63 Cr in Mar'23 to 364.36 Cr in Mar'25.

Breakdown:
Scan Steels has experienced a decline in net sales and total operating income, with figures dropping from 1,090.78 Cr in Mar'23 to 789.20 Cr in Mar'25. However, the company has effectively reduced raw material costs, leading to an improved operating profit margin, which rose to 5.75% in Mar'25. Profit before tax and profit after tax both increased, reflecting better profitability despite lower sales. The EPS also showed an upward trend, indicating enhanced shareholder value. On the balance sheet, total liabilities decreased, and reserves grew, showcasing a stable financial position despite the overall decline in sales and assets.