Sarthak Metals Q2 Profit Rises 68.3% to ₹1.3 Crore on Revenue Growth

Sarthak Metals Ltd reported standalone net profit of ₹1.3 crore for Q2 FY27, up 68.3% from ₹0.76 crore a year earlier, supported by a 44.2% year-on-year increase in revenue from operations to ₹52.4 crore. The results were approved by the board on 13 November 2026 for the quarter ended 30 September 2026.

How did Sarthak Metals perform in Q2 FY27?

Sarthak Metals delivered higher revenue and profit on a year-on-year basis in the September 2026 quarter. Revenue from operations rose to ₹52.4 crore from ₹36.3 crore in Q2 FY26. EBITDA increased 36.1% to ₹2.2 crore from ₹1.6 crore, while profit before tax nearly doubled to ₹2.0 crore from ₹1.0 crore.

Standalone net profit was ₹1.3 crore, compared with ₹0.8 crore on the rounded comparative quarterly table, and the company reported year-on-year growth of 68.3% from ₹0.76 crore. Earnings per share increased to ₹0.92 from ₹0.57, representing growth of 61.4%. The results indicate that profit growth outpaced the expansion in revenue during the comparable quarter.

What changed from the preceding quarter?

Sarthak Metals recorded lower revenue sequentially, although reported operating profit improved from the June quarter. Revenue from operations declined 5.2% from ₹55.2 crore in Q1 FY27 to ₹52.4 crore in Q2 FY27. Total income declined to ₹52.9 crore from ₹56.6 crore, as other income fell to ₹0.5 crore from ₹1.4 crore.

Net profit was ₹1.3 crore in both Q1 FY27 and Q2 FY27, with the company reporting a 3.9% quarter-on-quarter decline based on unrounded figures. Profit before tax was ₹2.0 crore, compared with ₹2.1 crore in the preceding quarter. EBITDA stood at ₹2.2 crore against ₹1.6 crore in Q1 FY27, while EBITDA margin improved to 4.3% from 2.8%.

The reported operating margin in the quarterly summary was 3.8%, compared with 3.7% in Q1 FY27 and 2.7% in Q2 FY26. The filing separately reported EBITDA margin of 4.3%, so investors should assess each disclosed profitability measure in the context in which the company reports it.

What did the board approve alongside the results?

Sarthak Metals approved the unaudited standalone financial results for the quarter and half-year ended 30 September 2026 at its board meeting on 13 November 2026. The company had earlier scheduled the meeting to consider and approve the quarterly results, and its trading window was stated to remain closed until 16 November 2026.

The board also approved the appointment of Sarthak Bansal as Chief Financial Officer. The announcement did not provide further details on the appointment or any change in the company’s operating strategy. The CFO appointment was disclosed alongside the approval of the September-quarter financial statements.

Earlier disclosures also stated that Sarthak Metals had approved audited financial results for the quarter and year ended 31 March 2026, and had appointed internal and cost auditors. These actions form part of the company’s regular financial reporting and governance process.

Why do the revenue and margin figures matter to investors?

Sarthak Metals’ 44.2% rise in revenue shows a substantial expansion over the September 2025 quarter, while the 68.3% increase in net profit points to stronger earnings conversion on the reported figures. However, EBITDA margin declined by 0.3 percentage points year on year to 4.3% from 4.5%, indicating that EBITDA growth was slower than revenue growth.

The sequential comparison presents a mixed picture. Sales were lower than the ₹55.2 crore reported in Q1 FY27, but the company reported an improvement in EBITDA margin from 2.8% to 4.3%. Net profit was broadly stable at ₹1.3 crore across the two quarters. The movement in other income, which fell from ₹1.4 crore to ₹0.5 crore, also contributed to the decline in total income quarter on quarter.

For shareholders, the key reported data points are the pace of sales growth, the movement in operating profitability, and whether profit before tax remains near the Q2 FY27 level. The available disclosure does not provide a forward guidance statement, demand outlook, or management commentary on future sales and margins.

How does Q2 FY27 compare with recent reporting milestones?

Sarthak Metals’ Q2 FY27 disclosure follows its prior annual-results process for the year ended March 2026 and the scheduled board review of unaudited quarterly results. The September-quarter numbers cover the second quarter of FY27 and were filed on 13 November 2026 at 12:44 pm IST.

The company’s reported financial progression can be viewed across the latest three comparable quarters. Revenue rose sharply from the year-earlier quarter but moderated from Q1 FY27. Profit before tax increased from ₹1.0 crore in Q2 FY26 and was close to the ₹2.1 crore reported in Q1 FY27, while net profit remained at ₹1.3 crore on the rounded quarterly figures.

Conclusion

Sarthak Metals reported a stronger year-on-year Q2 FY27 outcome, with revenue rising to ₹52.4 crore and standalone net profit reaching ₹1.3 crore. The figures show a meaningful increase from Q2 FY26, though sales were lower than in Q1 FY27 and EBITDA margin remained below the year-earlier level.

Investors can next track subsequent quarterly disclosures for revenue momentum, EBITDA-margin movement and the effect of lower other income on total income. The company has also disclosed Sarthak Bansal’s appointment as CFO, while no forward targets or operational outlook were provided in the available announcement.