Sterling Tools consolidated net profit rises 3.85% in the March 2021 quarter

Sales rise 47.37% to Rs 126.49 crore

Net profit of Sterling Tools rose 3.85% to Rs 10.51 crore in the quarter ended March 2021 as against Rs 10.12 crore during the previous quarter ended March 2020. Sales rose 47.37% to Rs 126.49 crore in the quarter ended March 2021 as against Rs 85.83 crore during the previous quarter ended March 2020.

For the full year,net profit declined 22.94% to Rs 23.51 crore in the year ended March 2021 as against Rs 30.51 crore during the previous year ended March 2020. Sales declined 3.05% to Rs 353.14 crore in the year ended March 2021 as against Rs 364.24 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales126.4985.83 47 353.14364.24 -3 OPM %15.8116.02 -16.6916.54 - PBDT19.3713.25 46 56.7160.22 -6 PBT12.226.70 82 30.3436.01 -16 NP10.5110.12 4 23.5130.51 -23

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