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Sarthak Metals - Quaterly Results

08 Feb 2024 Evaluate
The sales is pegged at Rs. 752.95 millions for the December 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 925.64 millions during the year-ago period.A radical decline of -77.13% was reported in the net profit of the company for the quarter ended December 2023 to Rs. 17.26  millions from Rs. 75.47 millions.The company reported a degrowth in operating Profit 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 1171.60
Tata Steel 172.30
Steel Authority 171.00
Jindal Stainless 706.00
APL Apollo Tubes 2156.15
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