{"id":155917,"date":"2023-08-11T23:57:00","date_gmt":"2023-08-12T03:57:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155917"},"modified":"2023-11-08T07:52:49","modified_gmt":"2023-11-08T12:52:49","slug":"sarthak-metals-ltd-q1fy24-38-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q1fy24-38-fall-in-profits\/","title":{"rendered":"Sarthak Metals Ltd Q1FY24; Expense Decreased By 40% Year on Year"},"content":{"rendered":"<p>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.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>Sarthak Metals Ltd reported Revenues for Q1FY24 of \u20b981.80 Crores down from \u20b9133.72 Crore year on year, a fall of 38.83%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b974.78 Crores down from \u20b9123.74 Crores year on year, a fall of 39.57%.<\/li>\n<li>Consolidated Net Profit of \u20b95.35 Crores down 37.65% from \u20b98.58 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b93.91, down 37.64% from \u20b96.27 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-100-839x1024.png\" alt=\"\" class=\"wp-image-155918\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-100-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-100-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-100-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-100-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-100.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n<p>*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.<br>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>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. [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[8177],"class_list":["post-155917","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-metals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":157470,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q1fy24-77-rise-in-profits\/","url_meta":{"origin":155917,"position":0},"title":"Sarthak Metals Ltd Q1FY24; 77% rise in Profits","author":"Divyansh_Kasana","date":"December 20, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-156.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-156.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-156.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-156.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-156.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-156.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":161577,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q4fy24-70-fall-in-profits\/","url_meta":{"origin":155917,"position":1},"title":"Sarthak Metals Ltd Q4FY24; 13% fall in Revenue.","author":"Divyansh_Kasana","date":"May 24, 2024","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/244ee433-8c9d-4b18-ac58-1267e9302d97-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/244ee433-8c9d-4b18-ac58-1267e9302d97-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/244ee433-8c9d-4b18-ac58-1267e9302d97-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/244ee433-8c9d-4b18-ac58-1267e9302d97-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/244ee433-8c9d-4b18-ac58-1267e9302d97-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/244ee433-8c9d-4b18-ac58-1267e9302d97-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155914,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q4fy23-28-fall-in-profits\/","url_meta":{"origin":155917,"position":2},"title":"Sarthak Metals Ltd Q4FY23; Reported Total Revenue Of \u20b981 Crore","author":"Hardik Bhandare","date":"May 26, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-99.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-99.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-99.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-99.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-99.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-99.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155920,"url":"https:\/\/alphastreet.com\/india\/sarthak-metals-ltd-q2fy24-30-fall-in-profits\/","url_meta":{"origin":155917,"position":3},"title":"Sarthak Metals Ltd Q2FY24; Posted Net Profit Of 5.5 Crore","author":"Hardik Bhandare","date":"November 8, 2023","format":false,"excerpt":"Sarthak Metals Ltd (earlier known as Sarthak Metals Marketing Private Limited) was incorporated in 1995 and is a part of the DB group. 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