How has been the historical performance of Steel Exchange?

Answer:The historical performance of Steel Exchange shows a fluctuating trend in its financial metrics over the years leading up to March 2025.

Breakdown:
Steel Exchange's net sales increased from 1,089.17 Cr in March 2024 to 1,144.02 Cr in March 2025, following a decline from 1,388.33 Cr in March 2023. The total operating income mirrored this trend, rising to 1,144.02 Cr in March 2025 from 1,089.17 Cr in the previous year. However, total expenditure, excluding depreciation, also rose to 1,019.77 Cr in March 2025 from 992.81 Cr in March 2024. Operating profit, excluding other income, improved to 124.25 Cr in March 2025, up from 96.36 Cr in March 2024, while the overall operating profit (PBDIT) reached 143.60 Cr. Profit before tax saw a significant increase to 45.50 Cr in March 2025 from just 1.27 Cr in March 2024, leading to a profit after tax of 25.93 Cr, up from 10.89 Cr. The company's total assets grew to 1,254.08 Cr in March 2025 from 1,218.45 Cr in March 2024, while total liabilities also increased to 1,254.08 Cr from 1,218.45 Cr. Cash flow from operating activities remained negative at -47.00 Cr in March 2024, although the company managed to maintain a closing cash balance of 20.00 Cr. Overall, Steel Exchange's performance reflects a recovery in profitability and sales, despite challenges in managing costs and cash flow.