Sarthak Metals Board Approves Q1 FY27 Results, Reconstitutes Committees
Sarthak Metals Limited's Board approved Q1 FY27 unaudited results on August 13th, 2026. Total income was ₹5453.24 lakhs and profit after tax ₹120.68 lakhs. The company also reconstituted its board committees, effective August 24th, 2026, with new chairpersons and members appointed. The Cost Audit Report for FY26 was also approved.
The approval of financial results and re-constitution of board committees are standard corporate governance procedures that have a moderate impact on stakeholders.
The announcement reports routine financial results and committee re-constitutions, with no significant positive or negative financial performance indicators highlighted.
Sarthak Metals Limited announced the outcome of its Board of Directors meeting held on August 13th, 2026. The Board approved the unaudited financial results for the quarter ended June 30th, 2026, along with the accompanying limited review report. The meeting, which commenced at 12:00 P.M. and concluded at 12:46 P.M., also saw the re-constitution of the Board's committees and the approval of the Cost Audit Report for the Financial Year 2025-26.
The re-constituted committees, effective August 24th, 2026, include the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee. These committees will now comprise Mr. Dwadasi Venkata Giri as Chairperson, and Mr. Sunil Dutt Bhatt and Mrs. Ushasree Bhagavatula as Members.
The financial results indicate that for the quarter ended June 30th, 2026, the company reported total income of ₹5,453.24 lakhs and total expenses of ₹5,453.24 lakhs. Profit Before Tax was ₹207.27 lakhs, and Profit for the period after tax was ₹120.68 lakhs. The balance sheet as of June 30th, 2026, shows total assets of ₹13,595.05 lakhs and total equity and liabilities of ₹13,595.05 lakhs. Equity Share Capital stands at ₹1,368.98 lakhs, with Other Equity at ₹11,179.48 lakhs. Non-current liabilities amounted to ₹199.03 lakhs, and current liabilities were ₹847.56 lakhs. The company reported no investor complaints during the quarter and operates in a single segment, "Cored Wires".
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