How has been the historical performance of Visa Steel?

Answer:The historical performance of Visa Steel shows significant fluctuations in key financial metrics over the years.

Breakdown:
Visa Steel's net sales have seen a decline from INR 1,416.76 crore in March 2019 to INR 566.49 crore in March 2025, with a notable drop in the last two years. Total operating income followed a similar trend, decreasing from INR 1,416.76 crore in March 2019 to INR 566.49 crore in March 2025. The company's raw material costs peaked at INR 1,032.67 crore in March 2019 but have since decreased to INR 344.02 crore in March 2025. Operating profit, which was negative in several years, turned positive in March 2025 at INR 32.22 crore, contrasting sharply with a profit before tax of -516.55 crore for the same period. The net profit also reflected this downturn, with a loss of -516.55 crore in March 2025 compared to a profit of 1,660.28 crore in March 2023. The total liabilities have decreased from INR 3,065.48 crore in March 2020 to INR 533.40 crore in March 2025, while total assets have also dropped significantly from INR 3,065.48 crore in March 2020 to INR 533.40 crore in March 2025. Cash flow from operating activities has shown some improvement, reaching INR 25 crore in March 2025, but the overall cash position remains weak with no cash inflow reported in the last two years.