Sterling Tools standalone net profit rises 6.96% in the March 2017 quarter

Sales decline 2.79% to Rs 98.51 crore

Net profit of Sterling Tools rose 6.96% to Rs 7.84 crore in the quarter ended March 2017 as against Rs 7.33 crore during the previous quarter ended March 2016. Sales declined 2.79% to Rs 98.51 crore in the quarter ended March 2017 as against Rs 101.34 crore during the previous quarter ended March 2016.

For the full year,net profit rose 36.73% to Rs 38.86 crore in the year ended March 2017 as against Rs 28.42 crore during the previous year ended March 2016. Sales rose 1.58% to Rs 370.10 crore in the year ended March 2017 as against Rs 364.34 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales98.51101.34 -3 370.10364.34 2 OPM %16.7514.55 -19.9216.99 - PBDT17.0913.79 24 70.8457.26 24 PBT12.9710.71 21 55.5143.85 27 NP7.847.33 7 38.8628.42 37

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