Sterling Tools consolidated net profit rises 108.87% in the March 2024 quarter

Sales rise 27.20% to Rs 269.25 crore

Net profit of Sterling Tools rose 108.87% to Rs 16.25 crore in the quarter ended March 2024 as against Rs 7.78 crore during the previous quarter ended March 2023. Sales rose 27.20% to Rs 269.25 crore in the quarter ended March 2024 as against Rs 211.67 crore during the previous quarter ended March 2023.

For the full year,net profit rose 15.64% to Rs 55.37 crore in the year ended March 2024 as against Rs 47.88 crore during the previous year ended March 2023. Sales rose 20.72% to Rs 931.97 crore in the year ended March 2024 as against Rs 771.98 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales269.25211.67 27 931.97771.98 21 OPM %11.4610.59 -11.5612.64 - PBDT29.5821.18 40 104.8591.60 14 PBT21.3213.27 61 71.8059.89 20 NP16.257.78 109 55.3747.88 16

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