How has been the historical performance of Steel Exchange?

Answer:The historical performance of Steel Exchange shows a fluctuating trend in net sales and profitability over the years.

Breakdown:
Steel Exchange's net sales increased from 1,089.17 Cr in Mar'24 to 1,144.02 Cr in Mar'25, although it experienced a decline from 1,388.33 Cr in Mar'23. The total operating income followed a similar pattern, reaching 1,144.02 Cr in Mar'25, up from 1,089.17 Cr in the previous year but down from 1,388.33 Cr in Mar'23. The total expenditure, excluding depreciation, rose to 1,019.77 Cr in Mar'25 from 992.81 Cr in Mar'24, while the operating profit (PBDIT) increased to 143.60 Cr in Mar'25 from 100.45 Cr in Mar'24. Profit before tax also improved significantly to 45.50 Cr in Mar'25 from just 1.27 Cr in Mar'24, leading to a profit after tax of 25.93 Cr, up from 10.89 Cr in the previous year. The earnings per share (EPS) showed a positive trend, increasing to 0.22 in Mar'25 from 0.09 in Mar'24, after a loss of 0.57 in Mar'23. On the balance sheet, total assets grew to 1,254.08 Cr in Mar'25 from 1,218.45 Cr in Mar'24, while total liabilities also increased to 1,254.08 Cr from 1,218.45 Cr. The cash flow from operating activities turned positive at 96.00 Cr in Mar'25, contrasting with a negative cash flow of -47.00 Cr in Mar'24. Overall, Steel Exchange has shown signs of recovery in its financial performance, particularly in profitability and cash flow.