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Sarthak Metals Ltd Q1FY23; 60% rise in Profits

Sarthak Metals Ltd (earlier known as Sarthak Metals Marketing Private Limited) was incorporated in 1995 and is a part of the DB group. The co. is engaged in the manufacturing of Cored wires, Aluminum wire rods and Wire feeder machines which have wide application in various steel-making processes like Steel plants, Fabrication units and foundries.

Financial Results:

Sarthak Metals Ltd reported Revenues for Q1FY23 of ₹101.32 Crores down from ₹108.00 Crore year on year, a fall of 6.19%.

Total Expenses for Q1FY23 of ₹90.66 Crores down from ₹101.74 Crores year on year, a fall of 10.89%.

Consolidated Net Profit of ₹7.85 Crores up 59.88% from ₹4.91 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.73, up 59.61% from ₹3.59 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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