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Sarthak Metals - Quaterly Results

11 Nov 2022 Evaluate
The sales is pegged at Rs. 1013.18 millions for the September 2022 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 1079.96 millions during the year-ago period.Net profit surges 59.84% to Rs. 78.45  millions  from Rs. 49.08 millions in the quarter ended September 2022.Operating profit surged to 121.15 millions from the corresponding previous quarter of 78.49 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 1013.18 1079.96 -6.18 2350.41 2032.81 15.62 4572.98 2217.12 106.26
Other Income 9.00 2.05 339.02 24.23 4.13 486.68 9.59 3.66 162.02
PBIDT 121.15 78.49 54.35 245.77 155.68 57.87 388.67 162.23 139.58
Interest 2.40 10.24 -76.56 8.93 18.91 -52.78 40.01 33.00 21.24
PBDT 110.86 68.25 62.43 228.95 163.43 40.09 375.32 129.23 190.43
Depreciation 3.16 3.58 -11.73 6.24 7.46 -16.35 16.86 21.40 -21.21
PBT 107.70 64.67 66.54 222.71 155.97 42.79 358.46 107.83 232.43
TAX 29.25 15.59 87.62 58.41 37.62 55.26 83.66 27.89 199.96
Deferred Tax 0.20 -0.91 -121.98 0.16 -0.88 -118.18 -0.89 -0.41 117.07
PAT 78.45 49.08 59.84 164.30 118.35 38.83 274.80 79.94 243.76
Equity 136.90 136.90 0.00 136.90 136.90 0.00 136.89 136.89 0.00
PBIDTM(%) 11.96 7.27 64.52 10.46 7.66 36.54 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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