Filter announcements
Loading...
Sarthak Metals Ltd (earlier known as Sarthak Metals Marketing Private Limited) was incorporated in 1995 and is a part of the DB group. The co. is engaged in the manufacturing of Cored wires, Aluminum wire rods and Wire feeder machines which have wide application in various steel-making processes like Steel plants, Fabrication units and foundries.
Sarthak Metals Limited has announced the sad demise of its Chief Financial Officer, Mr. Narendra Dewangan. He played an instrumental role in strengthening the company's accounting and financial functions, maintaining financial discipline, and managing financial affairs during his long association with the organization. His sudden passing is a significant loss...
Sarthak Metals Limited has announced a board meeting to approve the appointment of Nilesh A. Pradhan & Co., LLP as Secretarial Auditors for a five-year term starting FY 2025-26, pending shareholder approval. The firm, known for its strong pan-India presence, will enhance the company’s compliance and governance framework.
Sarthak Metals Limited received a Caution Letter from BSE and NSE due to a non-compliance issue regarding the timely disclosure of the schedule for an analyst/investor meet. The company was required to provide this schedule at least two working days in advance but failed to do so for a meet...
Sarthak Metals Limited is navigating a challenging steel market amidst a projected 6.4% GDP growth for FY25, the lowest in four years. The company’s revenue for Q3 FY25 stood at approximately INR 44 crore, down 42% year-on-year, primarily due to exiting the unprofitable aluminium flipping coil business. However, EBITDA margins...
**Sarthak Metals Limited Financial Summary** For the quarter ended 31st December 2024, Sarthak Metals Limited reported consolidated revenue from operations of ₹43.99 crore, down 42.1% YoY from ₹75.30 crore for the same quarter last year. The decline can be attributed to reduced demand and pricing pressures in the industry. The...