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Sarthak Metals Ltd Q3FY23; 6% 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 Q3FY23 of ₹92.56 Crores down from ₹106.76 Crore year on year, a fall of 13.3%.

Total Expenses for Q3FY23 of ₹83.19 Crores down from ₹97.34 Crores year on year, a fall of 14.54%.

Consolidated Net Profit of ₹7.55 Crores up 6.49% from ₹7.09 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.52, up 6.56% from ₹5.18 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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