Sarthak Metals Ltd Q3 FY2023 profit slips QoQ to Rs. 7.54 crores

Sarthak Metals Ltd has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 93.3222 crores during the period ended December 31, 2022 as compared to Rs. 102.2175 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 7.5486 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 7.8453 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 5.51 for the period ended December 31, 2022 as compared to Rs. 5.73 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹93.3222 crs	₹102.2175 crs	-8.70%
Net Profit	₹7.5486 crs	₹7.8453 crs	-3.78%
EPS	₹5.51	₹5.73	-3.84%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.93.3222 crores during the period ended December 31, 2022 as compared to Rs.106.9116 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.7.5486 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.7.0877 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.5.51 for the period ended December 31, 2022 as compared to Rs.5.18 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹93.3222 crs	₹106.9116 crs	-12.71%
Net Profit	₹7.5486 crs	₹7.0877 crs	6.50%
EPS	₹5.51	₹5.18	6.37%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.330.7855 crores during the 9 Months period ended December 31, 2022 as compared to Rs.310.6050 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.23.9787 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.19.4010 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.17.52 for the 9 Months period ended December 31, 2022 as compared to Rs.14.17 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹330.7855 crs	₹310.6050 crs	6.50%
Net Profit	₹23.9787 crs	₹19.4010 crs	23.60%
EPS	₹17.52	₹14.17	23.64%

Shares of Sarthak Metals Ltd was last trading in BSE at Rs. 156.40 as compared to the previous close of Rs. 167.30. The total number of shares traded during the day was 44344 in over 2003 trades.

The stock hit an intraday high of Rs. 171.80 and intraday low of 154.10. The net turnover during the day was Rs. 7268270.00.

Source : Equity Bulls

Keywords

SarthakMetals Q3FY23 9MFY23 ResultUpdate