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Sterling Tools standalone net profit declines 52.66% in the September 2019 quarter

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Capital Market

Sales decline 35.96% to Rs 89.24 crore

Net profit of Sterling Tools declined 52.66% to Rs 7.20 crore in the quarter ended September 2019 as against Rs 15.21 crore during the previous quarter ended September 2018. Sales declined 35.96% to Rs 89.24 crore in the quarter ended September 2019 as against Rs 139.35 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales89.24139.35 -36 OPM %16.3919.17 -PBDT15.3427.71 -45 PBT9.6123.09 -58 NP7.2015.21 -53

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First Published: Nov 18 2019 | 2:29 PM IST

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