Your spring will slowly fatigue if you have overcompressed it so the metal exceeds about 0.5 of the yield . The more times and harder you do it, the more it fatigues and the sooner it fails. Go above yield and you will only get a few cycles until it fails (and since it is taking on a set, you have done this when scragging).
So scragging the spring will prevent the spring power from dropping a little as the spring beds in (but everything else loosens up and the power goes up anyway). It will take out any badly made springs. But it will also fail sooner. With modern springs, I wouldn't bother.