How has been the historical performance of Shah Alloys?

Answer:The historical performance of Shah Alloys has shown significant fluctuations over the years, particularly in net sales and profitability.

Breakdown:
Shah Alloys reported net sales of 267.28 Cr in March 2025, a substantial decline from 613.24 Cr in March 2024 and 627.94 Cr in March 2023, reflecting a downward trend from a peak of 886.15 Cr in March 2022. The total operating income followed a similar pattern, dropping to 267.28 Cr in March 2025 from 613.24 Cr in the previous year. The company's total expenditure also decreased to 276.73 Cr in March 2025, down from 609.85 Cr in March 2024, but still resulted in an operating loss of -9.45 Cr for March 2025. Profit before tax further deteriorated to -23.12 Cr in March 2025, compared to -19.04 Cr in March 2024, and profit after tax was reported at -17.43 Cr. The company's total assets decreased to 116.69 Cr in March 2025 from 184.72 Cr in March 2024, while total liabilities also fell to 116.69 Cr. Cash flow from operating activities remained negative at -4.00 Cr in March 2025, indicating ongoing challenges in generating cash from core operations. Overall, Shah Alloys has faced significant financial difficulties, with declining revenues and persistent losses over the last few years.