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Sarthak Metals - Quaterly Results

11 May 2022 Evaluate
The total revenue hovered 129.35% to Rs. 1472.49 millions for the March 2022 quarter as against Rs. 642.03 millions during the corresponding quarter last year.Net Profit witnessed a 174.89% growth almost the double from Rs. 29.39 millions to Rs. 80.79  millions  of same quarter last year.Operating profit surged to 122.74 millions from the corresponding previous quarter of 54.60 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 1472.49 642.03 129.35 4572.98 2217.12 106.26 4572.98 2217.12 106.26
Other Income 4.03 2.38 69.33 9.59 3.66 162.02 9.59 3.66 162.02
PBIDT 122.74 54.60 124.80 388.67 162.23 139.58 388.67 162.23 139.58
Interest 10.86 7.98 36.09 40.01 33.00 21.24 40.01 33.00 21.24
PBDT 111.88 46.62 139.98 375.32 129.23 190.43 375.32 129.23 190.43
Depreciation 4.65 5.65 -17.70 16.86 21.40 -21.21 16.86 21.40 -21.21
PBT 107.23 40.97 161.73 358.46 107.83 232.43 358.46 107.83 232.43
TAX 26.44 11.58 128.32 83.66 27.89 199.96 83.66 27.89 199.96
Deferred Tax -0.71 0.38 -286.84 -0.89 -0.41 117.07 -0.89 -0.41 117.07
PAT 80.79 29.39 174.89 274.80 79.94 243.76 274.80 79.94 243.76
Equity 136.89 136.89 0.00 136.89 136.89 0.00 136.89 136.89 0.00
PBIDTM(%) 8.34 8.50 -1.98 8.50 7.32 16.16 8.50 7.32 16.16
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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