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Sarthak Metals Ltd Q1FY24; 77% 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 Q1FY24 of ₹80.82 Crores down from ₹147.25 Crore year on year, a fall of 45.11%.

Total Expenses for Q1FY24 of ₹73.62 Crores down from ₹136.92 Crores year on year, a fall of 46.23%.

Consolidated Net Profit of ₹5.78 Crores down 28.47% from ₹8.08 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.22, down 28.47% from ₹5.90 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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