Sterling Tools standalone net profit declines 1.48% in the March 2016 quarter

Sales rise 9.32% to Rs 101.34 crore

Net profit of Sterling Tools declined 1.48% to Rs 7.33 crore in the quarter ended March 2016 as against Rs 7.44 crore during the previous quarter ended March 2015. Sales rose 9.32% to Rs 101.34 crore in the quarter ended March 2016 as against Rs 92.70 crore during the previous quarter ended March 2015.

For the full year,net profit rose 33.93% to Rs 28.42 crore in the year ended March 2016 as against Rs 21.22 crore during the previous year ended March 2015. Sales rose 9.54% to Rs 364.34 crore in the year ended March 2016 as against Rs 332.62 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales101.3492.70 9 364.34332.62 10 OPM %14.5513.80 -16.9914.01 - PBDT13.7911.35 21 57.2640.43 42 PBT10.717.79 37 43.8528.40 54 NP7.337.44 -1 28.4221.22 34

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