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Sterling Tools consolidated net profit declines 42.55% in the December 2019 quarter

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Capital Market

Sales decline 31.16% to Rs 84.86 crore

Net profit of Sterling Tools declined 42.55% to Rs 4.74 crore in the quarter ended December 2019 as against Rs 8.25 crore during the previous quarter ended December 2018. Sales declined 31.16% to Rs 84.86 crore in the quarter ended December 2019 as against Rs 123.28 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales84.86123.28 -31 OPM %16.1714.40 -PBDT13.4118.26 -27 PBT6.9313.43 -48 NP4.748.25 -43

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First Published: Feb 14 2020 | 4:21 PM IST

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