How has been the historical performance of Steel Exchange?

Answer:The historical performance of Steel Exchange shows a fluctuating trend in key financial metrics over the years.

Breakdown:
Steel Exchange's net sales have seen a decline from 1,388.33 Cr in Mar'23 to 1,144.02 Cr in Mar'25, with a notable increase from 1,089.17 Cr in Mar'24. Total operating income followed a similar pattern, peaking at 1,388.33 Cr in Mar'23 and then decreasing to 1,144.02 Cr in Mar'25. The raw material cost has increased from 780.82 Cr in Mar'20 to 788.89 Cr in Mar'25, while the total expenditure, excluding depreciation, rose from 710.06 Cr in Mar'20 to 1,019.77 Cr in Mar'25. Operating profit, excluding other income, improved to 124.25 Cr in Mar'25 from 96.36 Cr in Mar'24, although it was lower than the 139.71 Cr recorded in Mar'21. Profit before tax turned positive at 45.50 Cr in Mar'25 after a loss of 28.32 Cr in Mar'23, leading to a profit after tax of 25.93 Cr in Mar'25, a recovery from a loss of 58.85 Cr in Mar'23. The company's total assets increased from 1,091.94 Cr in Mar'23 to 1,254.08 Cr in Mar'25, while total liabilities also rose from 1,091.94 Cr to 1,254.08 Cr in the same period. Cash flow from operating activities showed a significant recovery to 96.00 Cr in Mar'25 from a negative 47.00 Cr in Mar'24, indicating improved operational efficiency. Overall, while Steel Exchange has faced challenges, recent trends suggest a recovery in profitability and operational cash flow.