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Sarthak Metals - Quaterly Results

26 May 2023 Evaluate
The sales slipped to Rs. 808.22 millions, down -45.11% for the March 2023 quarter as against Rs. 1472.49 millions during the year-ago period.The Net Profit of the company registered a slight decline of -28.39% to Rs. 57.85  millions from Rs. 80.79 millions.Operating profit for the quarter ended March 2023 decreased to 84.64 millions as compared to 122.74 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 808.22 1472.49 -45.11 4084.26 4572.98 -10.69 4084.26 4572.98 -10.69
Other Income 6.24 4.03 54.84 38.05 9.59 296.77 38.05 9.59 296.77
PBIDT 84.64 122.74 -31.04 438.92 388.67 12.93 438.92 388.67 12.93
Interest 1.99 10.86 -81.68 13.40 40.01 -66.51 13.40 40.01 -66.51
PBDT 82.65 111.88 -26.13 417.63 375.32 11.27 417.63 375.32 11.27
Depreciation 4.41 4.65 -5.16 15.37 16.86 -8.84 15.37 16.86 -8.84
PBT 78.24 107.23 -27.04 402.26 358.46 12.22 402.26 358.46 12.22
TAX 20.39 26.44 -22.88 104.62 83.66 25.05 104.62 83.66 25.05
Deferred Tax -0.21 -0.71 -70.42 -0.38 -0.89 -57.30 -0.38 -0.89 -57.30
PAT 57.85 80.79 -28.39 297.64 274.80 8.31 297.64 274.80 8.31
Equity 136.90 136.89 0.01 136.90 136.89 0.01 136.90 136.89 0.01
PBIDTM(%) 10.47 8.34 25.64 10.75 8.50 26.44 10.75 8.50 26.44
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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