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Sterling Tools standalone net profit rises 47.99% in the March 2018 quarter

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Capital Market

Sales rise 32.37% to Rs 131.19 crore

Net profit of Sterling Tools rose 47.99% to Rs 11.81 crore in the quarter ended March 2018 as against Rs 7.98 crore during the previous quarter ended March 2017. Sales rose 32.37% to Rs 131.19 crore in the quarter ended March 2018 as against Rs 99.11 crore during the previous quarter ended March 2017.

For the full year,net profit rose 24.10% to Rs 48.66 crore in the year ended March 2018 as against Rs 39.21 crore during the previous year ended March 2017. Sales rose 22.11% to Rs 452.91 crore in the year ended March 2018 as against Rs 370.89 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales131.1999.11 32 452.91370.89 22 OPM %15.7313.83 -20.0220.41 - PBDT21.2217.78 19 92.5177.02 20 PBT16.9713.38 27 74.9260.38 24 NP11.817.98 48 48.6639.21 24

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First Published: May 25 2018 | 10:04 AM IST

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