MoneyWorks4Me

Sarthak Metals - Quaterly Results

08 Feb 2024 Evaluate
A decrease in the sales to Rs. 752.95 millions was observed for the quarter ended December 2023. The sales stood at Rs. 925.64 millions during the similar quarter previous year.Net profit was down at Rs. 17.26  millions against Rs. 75.47 millions recorded in the corresponding quarter a year ago.The net profit spiraled down by -77.13%.The Operating Profit of the company witnessed a decrease to 31.39 millions from 108.49 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 752.95 925.64 -18.66 2345.19 3276.05 -28.41 4084.26 4572.98 -10.69
Other Income 6.85 7.58 -9.63 13.80 31.81 -56.62 38.05 9.59 296.77
PBIDT 31.39 108.49 -71.07 185.98 354.27 -47.50 438.92 388.67 12.93
Interest 3.31 2.47 34.01 5.38 11.40 -52.81 13.40 40.01 -66.51
PBDT 28.08 106.02 -73.51 180.60 334.98 -46.09 417.63 375.32 11.27
Depreciation 5.36 4.72 13.56 14.07 10.96 28.38 15.37 16.86 -8.84
PBT 22.72 101.30 -77.57 166.53 324.02 -48.61 402.26 358.46 12.22
TAX 5.46 25.83 -78.86 40.58 84.24 -51.83 104.62 83.66 25.05
Deferred Tax 0.46 -0.32 -243.75 1.07 -0.16 -768.75 -0.38 -0.89 -57.30
PAT 17.26 75.47 -77.13 125.95 239.78 -47.47 297.64 274.80 8.31
Equity 136.90 136.90 0.00 136.90 136.90 0.00 136.90 136.89 0.01
PBIDTM(%) 4.17 11.72 -64.43 7.93 10.81 -26.67 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
View more..