SARTHAK GLOBAL LTD
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BSE Code:
530993
NSE Code:
SARTHAKGL
Business Profile
Business Profile
Sarthak Global (SARTHAKGL) is engaged in the business of trading. It was incorporated on Apr. 19, 1985 and went public on May 29 1995. Earlier known as Avanthi Finance, it acquired its present name with effect from Sep. 16, 2002. Associate companies include Sunrise Exports, Sarthak Industries, Sarthak Securities, and Miraj Impex.
Registered as a share transfer agent from SEBI since 1995, the company has successfully handled share transfer activities for various client companies and served more than 100,000 shareholders. It has been trading in products such as RBD palmolein oil; depending on market opportunities, it undertakes trading in commodities, shares and securities. Income is also generated as insurance commission, interest, and dividend.
The registered office is at 706, Tulsiani Chambers, Nariman Point, Mumbai-400021.
Financials
Sarthak Global reported a growth in standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company rose marginally 120% to Rs 0.11 million from Rs 0.05 million in the same quarter last year.
Net sales for the quarter rose marginally 16.67% to Rs 0.35 million, while total income for the quarter rose marginally 12.9% to Rs 0.7 million, when compared with the prior year period.
The company posted an earnings per share of Rs 0.04 for the quarter ended September 2008.