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04-Feb-2025

Sterling Tools

Sales up 12.47%, while NP remains flat


'On consolidated basis

Quarter ended December 2024 compared with Quarter ended December 2023.

Net sales (including other operating income) of Sterling Tools has increased 12.47% to Rs 260.88 crore.  Operating profit margin has declined from 11.22% to 10.28%, leading to 3.03% rise in operating profit to Rs 26.82 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 54.37% to 50.92%.   Employee cost increased from 6.73% to 8.90%.   Other expenses rose from 28.20% to 29.85%.   

Other income fell 10.40% to Rs 1.81 crore.  PBIDT rose 2.07% to Rs 28.63 crore.  Provision for interest rose 13.08% to Rs 2.42 crore.  

PBDT rose 1.16% to Rs 26.21 crore.  Provision for depreciation rose 0.72% to Rs 8.45 crore.  

Profit before tax grew 1.37% to Rs 17.76 crore.  Share of profit/loss were nil in both the periods....



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