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Sarthak Metals - Quaterly Results

10 Aug 2022 Evaluate
A decent increase of about 40.34% in the sales to Rs. 1337.23 millions was observed for the quarter ended June 2022. The sales figure stood at Rs. 952.85 millions during the year-ago period.Modest increase of 23.94% in the Net Profit was reported from. 69.27 millions to Rs. 85.85  millions.Operating profit surged to 124.62 millions from the corresponding previous quarter of 77.19 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 1337.23 952.85 40.34 1337.23 952.85 40.34 4572.98 2217.12 106.26
Other Income 15.23 2.08 632.21 15.23 2.08 632.21 9.59 3.66 162.02
PBIDT 124.62 77.19 61.45 124.62 77.19 61.45 388.67 162.23 139.58
Interest 6.53 8.67 -24.68 6.53 8.67 -24.68 40.01 33.00 21.24
PBDT 118.09 95.18 24.07 118.09 95.18 24.07 375.32 129.23 190.43
Depreciation 3.08 3.88 -20.62 3.08 3.88 -20.62 16.86 21.40 -21.21
PBT 115.01 91.30 25.97 115.01 91.30 25.97 358.46 107.83 232.43
TAX 29.16 22.03 32.36 29.16 22.03 32.36 83.66 27.89 199.96
Deferred Tax -0.04 0.03 -233.33 -0.04 0.03 -233.33 -0.89 -0.41 117.07
PAT 85.85 69.27 23.94 85.85 69.27 23.94 274.80 79.94 243.76
Equity 136.90 136.90 0.00 136.90 136.90 0.00 136.89 136.89 0.00
PBIDTM(%) 9.32 8.10 15.04 9.32 8.10 15.04 8.50 7.32 16.16
Peers
Company Name CMP
JSW Steel 1171.60
Tata Steel 172.30
Steel Authority 171.00
Jindal Stainless 706.00
APL Apollo Tubes 2156.15
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