Sarthak Metals standalone net profit declines 70.07% in the March 2024 quarter

Sales decline 12.58% to Rs 70.65 crore

Net profit of Sarthak Metals declined 70.07% to Rs 1.73 crore in the quarter ended March 2024 as against Rs 5.78 crore during the previous quarter ended March 2023. Sales declined 12.58% to Rs 70.65 crore in the quarter ended March 2024 as against Rs 80.82 crore during the previous quarter ended March 2023.

For the full year,net profit declined 53.53% to Rs 13.83 crore in the year ended March 2024 as against Rs 29.76 crore during the previous year ended March 2023. Sales declined 25.28% to Rs 305.17 crore in the year ended March 2024 as against Rs 408.43 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales70.6580.82 -13 305.17408.43 -25 OPM %3.759.70 -6.509.82 - PBDT2.948.26 -64 21.0042.55 -51 PBT2.317.82 -70 18.9741.01 -54 NP1.735.78 -70 13.8329.76 -54

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