Sarthak Metals Q3FY22 net profit up at Rs. 7.08 crores

Sarthak Metals Ltd has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 106.9116 crores during the period ended December 31, 2021 as compared to Rs. 108.2004 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 7.0878 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 4.9086 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 5.19 for the period ended December 31, 2021 as compared to Rs. 3.60 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 106.9116 crs	₹108.2004 crs	-1.19%
Net Profit	₹7.0878 crs	₹4.9086 crs	44.40%
EPS	₹5.19	₹3.60	44.17%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 106.9116 crores during the period ended December 31, 2021 as compared to Rs.59.1036 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.7.0878 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.3.7255 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.5.19 for the period ended December 31, 2021 as compared to Rs.2.74 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 106.9116 crs	₹59.1036 crs	80.89%
Net Profit	₹7.0878 crs	₹3.7255 crs	90.25%
EPS	₹5.19	₹2.74	89.42%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.310.6050 crores during the 9 Months period ended December 31, 2021 as compared to Rs.157.6373 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.19.4010 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.5.0548 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.14.22 for the 9 Months period ended December 31, 2021 as compared to Rs.3.74 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹310.6050 crs	₹157.6373 crs	97.04%
Net Profit	₹19.4010 crs	₹5.0548 crs	283.81%
EPS	₹14.22	₹3.74	280.21%

Shares of Sarthak Metals Ltd was last trading in BSE at Rs. 110.70 as compared to the previous close of Rs. 109.00. The total number of shares traded during the day was 853 in over 32 trades.

The stock hit an intraday high of Rs. 111.90 and intraday low of 110.45. The net turnover during the day was Rs. 94648.00.

Source : Equity Bulls

Keywords

SarthakMetals Q3FY22 9MFY22 ResultUpdate