May 23, 2017 5:01 PM ET

Trading Companies and Distributors

Company Overview of Sarthak Industries Ltd.

Company Overview

Sarthak Industries Limited manufactures and sells LPG cylinders for oil and private companies in India. The company 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 land, edible oils, skimmed milk powder, coal, and various other commodities. The company was formerly known as Avanti LPG (India) Limited. Sarthak Industries Limited was incorporated in 1982 and is based in Indore, India.

214, Trade Centre

South Tukoganj

Indore,  452001

India

Founded in 1982

31 Employees

Phone:

91 73 1252 7949

Fax:

91 73 1252 7949

Key Executives for Sarthak Industries Ltd.

Whole-Time Director
Age: 65
Chief Financial Officer
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2016.

Sarthak Industries Ltd. Key Developments

Sarthak Industries Ltd., Board Meeting, May 11, 2017

Sarthak Industries Ltd., Board Meeting, May 11, 2017. Agenda: To consider and approve the notice of postal ballot and postal ballot process to seek approval of members of the company through postal ballot under Section 180(1)(a), 180(1)(c), 186 of the Companies Act, 2013; to propose alteration in object clause of the company; and to provide Collateral Security by the company.

Sarthak Industries Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Sarthak Industries Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company’s total income from operations were INR 374.723 million compared with INR 509.181 million for the same period last year. Profit from operations before other income, financial cost and exceptional items was INR 0.964 million compared with INR 3.449 million for the same period last year. Profit from ordinary activities before tax was INR 4.087 million compared with INR 5.413 million for the same period last year. Net profit for the period was INR 4.427 million or INR 0.64 basic and diluted per share as compared with INR 3.896 million or INR 0.56 basic and diluted per share for the same period last year. For the nine months, the company’s total income from operations were INR 708.899 million compared with INR 825.668 million for the same period last year. Profit from operations before other income, financial cost and exceptional items was INR 2.692 million compared to INR 2.488 million for the same period last year. Profit from ordinary activities before tax was INR 11.059 million compared with INR 10.182 million for the same period last year. Net profit for the period was INR 9.108 million or INR 1.31 basic and diluted per share as compared with INR 7.907 million or INR 1.13 basic and diluted per share for the same period last year.

Sarthak Industries Ltd. to Report Q3, 2017 Results on Feb 14, 2017

Sarthak Industries Ltd. announced that they will report Q3, 2017 results on Feb 14, 2017

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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