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Sarthak Metals Q2FY25; 85% fall in Net Profit y-o-y

Company Overview:

Sarthak Metals Ltd was incorporated in 1995 and is a part of the DB group. The company is engaged in the manufacturing of Cored wires, Aluminium 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 reported Total revenue for Q2FY25 of ₹ 46.47 Crore down from ₹77.88 Crore in Q2FY24, a fall of 40.3% y-o-y.

Total Expense for Q2FY25 of ₹44.59 Crore down from ₹70.75 Crore in Q2FY24, a fall of 36.9% y-o-y.

Net Profit of ₹82.64 Lakhs down 85.0% from ₹5.51 Crore in Q2FY24.

The Earnings per Share is ₹0.61, down 84.9% from ₹4.05 in Q2FY24.

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