Sarthak Metals Revises Q1 Financials for Quarter Ended June 30, 2026
Sarthak Metals Limited has released revised financial results for the quarter ending June 30, 2026. The company confirmed that the revision addressed an inadvertent error in the reporting of cost items within the unaudited statements, although there were no material changes to the final profit before and after tax figures.The unaudited financial reports were reviewed by the Audit Committee and approved by the Board of Directors on August 13, 2026.
Financial Performance Summary (Q1 FY27)
The company’s Statement of Profit and Loss reflects a total income of 5660.51 Lakhs for the quarter ended June 30, 2026. This includes Revenue from Operations totaling 5521.23 Lakhs and Other Income amounting to 139.28 Lakhs.Key figures from the Statement of Profit and Loss are presented below:
| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended June 30, 2025 (Unaudited) | Quarter Ended March 31, 2026 (Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 5521.23 | 4622.44 | 6199.00 | 19225.14 |
| Total Income (I) | 5660.51 | 4684.56 | 6264.26 | 19430.11 |
| Total Expenses (II) | 5453.24 | 4528.07 | 6047.83 | 18775.44 |
| Profit Before Tax (I-II) | 207.27 | 156.49 | 216.43 | 654.67 |
| Profit For The Period | 132.92 | 106.05 | 149.39 | 461.07 |
The company’s operation is confined to a single segment: Cored Wires. During the quarter, the company reported no investor complaints. Additionally, Sarthak Metals holds 6.34 Lac in unrealised gains on foreign currency transactions as of June 30, 2026.
Balance Sheet Snapshot (As at June 30, 2026)
The company's financial health metrics for the quarter ended June 30, 2026, show a total asset base of 13595.05 Lakhs and Total Equity and Liabilities amounting to 13595.05 Lakhs.A detailed look at the Balance Sheet is provided below:
| Particulars | As at June 30, 2026 (Lakhs) | As at March 31, 2026 (Lakhs) |
|---|---|---|
| Total Assets | 13595.05 | 13701.36 |
| Total Equity | 12548.45 | 12427.76 |
| Cash and Cash Equivalents (Current Asset) | 17.78 | 7.17 |
| Trade Receivables (Current Asset) | 5329.18 | 5685.35 |
| Inventories (Current Asset) | 3570.98 | 3924.29 |
| Total Current Assets | 9781.97 | 10230.22 |
Clarification on Financial Revision
The revision of the unaudited results for the quarter ended June 30, 2026, was made to correct an inadvertent error where figures for Cost of Material Consumed and Purchases of Stock-in-Trade were inadvertently replaced in the initial submission. Furthermore, it was corrected that these items had been limited reviewed, not audited. The company confirmed that despite this correction, there is no other material change in the Profit Before Tax or Profit After Tax.SMLT Stock Price Movement
Shares of Sarthak Metals Limited are edging higher to ₹70.5 as of 2:26 PM today, gaining 0.3% in the live market. The stock has seen a total traded volume of 2,671 shares so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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