Sterling Tools consolidated net profit declines 34.54% in the March 2022 quarter

Sales rise 33.05% to Rs 169.43 crore

Net profit of Sterling Tools declined 34.54% to Rs 6.88 crore in the quarter ended March 2022 as against Rs 10.51 crore during the previous quarter ended March 2021. Sales rose 33.05% to Rs 169.43 crore in the quarter ended March 2022 as against Rs 127.34 crore during the previous quarter ended March 2021.

For the full year,net profit rose 8.63% to Rs 25.54 crore in the year ended March 2022 as against Rs 23.51 crore during the previous year ended March 2021. Sales rose 43.35% to Rs 509.58 crore in the year ended March 2022 as against Rs 355.48 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales169.43127.34 33 509.58355.48 43 OPM %10.2016.37 -12.9417.24 - PBDT16.2019.37 -16 62.1056.71 10 PBT9.1212.22 -25 34.7730.34 15 NP6.8810.51 -35 25.5423.51 9

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