December 27, 2014 10:36 PM ET

Containers and Packaging

Company Overview of Sarthak Industries Ltd.

Company Overview

Sarthak Industries Limited primarily manufactures and sells LPG cylinders for oil and private companies in India. It operates through two segments, Cylinders and Merchant Trading. The Cylinders segment manufactures and repairs LPG cylinders. The Merchant Trading segment is involved in the trade of skimmed milk powder; coal and various other commodities; and land. The company was formerly known as Avanti LPG (India) Limited. Sarthak Industries Limited was incorporated in 1982 and is based in Indore, India.

Alumina Tower

10/1, South Tukoganj

Indore,  452001

India

Founded in 1982

Phone:

91 73 1252 7949

Fax:

91 73 1252 7949

Key Executives for Sarthak Industries Ltd.

Sarthak Industries Ltd. does not have any Key Executives recorded.

Sarthak Industries Ltd. Key Developments

Sarthak Industries Ltd. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Sarthak Industries Ltd. announced unaudited earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the standalone company reported net sales of INR 401.253 million against INR 248.408 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2.043 million against INR 2.397 million a year ago. Profit from ordinary activities before tax was INR 1.284 million against INR 2.233 million a year ago. Net profit was INR 0.728 million against INR 1.591 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.10 against INR 0.23 a year ago. For the six months, the standalone company reported net sales of INR 536.176 million against INR 308.611 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 6.431 million against INR 4.641 million a year ago. Profit from ordinary activities before tax was INR 3.953 million against INR 4.192 million a year ago. Net profit was INR 4.083 million against INR 2.956 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.58 against INR 0.42 a year ago.

Sarthak Industries Ltd. to Report Q2, 2015 Results on Nov 14, 2014

Sarthak Industries Ltd. announced that they will report Q2, 2015 results on Nov 14, 2014

Sarthak Industries Ltd., Board Meeting, Nov 14, 2014

Sarthak Industries Ltd., Board Meeting, Nov 14, 2014. Agenda: To consider the un-audited financial results of the company for the quarter and half year ended on September 30, 2014.

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