Sarthak Metals Ltd Q1FY23 profit climbs to Rs. 8.58 crores

Sarthak Metals Ltd has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 135.2458 crores during the period ended June 30, 2022 as compared to Rs. 147.6521 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 8.5849 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 8.0802 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 6.27 for the period ended June 30, 2022 as compared to Rs. 5.81 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 135.2458 crs	₹147.6521 crs	-8.40%
Net Profit	₹8.5849 crs	₹8.0802 crs	6.25%
EPS	₹6.27	₹5.81	7.92%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 135.2458 crores during the period ended June 30, 2022 as compared to Rs.95.4930 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.8.5849 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.6.9273 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.6.27 for the period ended June 30, 2022 as compared to Rs.5.05 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 135.2458 crs	₹95.4930 crs	41.63%
Net Profit	₹8.5849 crs	₹6.9273 crs	23.93%
EPS	₹6.27	₹5.05	24.16%

Shares of Sarthak Metals Ltd was last trading in BSE at Rs. 119.20 as compared to the previous close of Rs. 116.80. The total number of shares traded during the day was 6576 in over 176 trades.

The stock hit an intraday high of Rs. 124.75 and intraday low of 116.75. The net turnover during the day was Rs. 788850.00.

Source : Equity Bulls

Keywords

SarthakMetals Q1FY23 ResultUpdate