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Sarthak Metals - Quaterly Results

11 Feb 2022 Evaluate
An increase of about 80.65% to Rs. 1067.59 millions in the topline was observed for the quarter ended December 2021. The topline stood at Rs. 590.97 millions during the similar quarter previous year.Profit for the quarter ended December 2021 rises by 90.26% to Rs. 70.89  millions from Rs. 37.26 millions.The company reported a good operating profit of 110.02 millions compared to 61.94 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202003 201903 % Var
Sales 1067.59 590.97 80.65 1658.56 590.97 180.65 2141.68 1892.63 13.16
Other Income 1.52 0.06 2433.33 1.58 0.06 2533.33 10.94 15.63 -30.01
PBIDT 110.02 61.94 77.62 171.96 61.94 177.62 87.08 96.86 -10.10
Interest 10.24 6.85 49.49 17.09 6.85 149.49 0.00 0.00 0.00
PBDT 99.78 55.09 81.12 154.87 55.09 181.12 86.64 96.30 -10.03
Depreciation 4.08 5.24 -22.14 9.32 5.24 77.86 22.52 15.77 42.80
PBT 95.70 49.85 91.98 145.55 49.85 191.98 64.12 80.53 -20.38
TAX 24.81 12.59 97.06 37.40 12.59 197.06 17.90 22.90 -21.83
Deferred Tax 0.51 -0.07 -828.57 0.44 -0.07 -728.57 0.45 0.91 -50.55
PAT 70.89 37.26 90.26 108.15 37.26 190.26 46.22 57.63 -19.80
Equity 136.89 136.89 0.00 136.89 136.89 0.00 136.90 136.90 0.00
PBIDTM(%) 10.31 10.48 -1.68 10.37 10.48 -1.08 4.07 5.12 -20.55
Peers
Company Name CMP
JSW Steel 1266.00
Tata Steel 184.70
Steel Authority 174.00
Jindal Stainless 743.45
APL Apollo Tubes 2180.20
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