Sterling Tools consolidated Q3FY22 PAT falls to Rs. 5.46 crore

Sterling Tools Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 122.4726 crores during the period ended December 31, 2021 as compared to Rs. 129.3345 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 5.46 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 10.0658 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 1.52 for the period ended December 31, 2021 as compared to Rs. 2.79 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 122.4726 crs	₹129.3345 crs	-5.31%
Net Profit	₹5.46 crs	₹10.0658 crs	-45.76%
EPS	₹1.52	₹2.79	-45.52%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 122.4726 crores during the period ended December 31, 2021 as compared to Rs.112.5887 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.5.46 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.11.5179 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.1.52 for the period ended December 31, 2021 as compared to Rs.3.20 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 122.4726 crs	₹112.5887 crs	8.78%
Net Profit	₹5.46 crs	₹11.5179 crs	-52.60%
EPS	₹1.52	₹3.20	-52.50%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.342.5169 crores during the 9 Months period ended December 31, 2021 as compared to Rs.230.6987 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.18.6531 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.13.0068 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.5.18 for the 9 Months period ended December 31, 2021 as compared to Rs.3.61 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹342.5169 crs	₹230.6987 crs	48.47%
Net Profit	₹18.6531 crs	₹13.0068 crs	43.41%
EPS	₹5.18	₹3.61	43.49%

Shares of Sterling Tools Limited was last trading in BSE at Rs. 188.80 as compared to the previous close of Rs. 183.60. The total number of shares traded during the day was 4878 in over 255 trades.

The stock hit an intraday high of Rs. 190.00 and intraday low of 182.70. The net turnover during the day was Rs. 910303.00.

Source : Equity Bulls

Keywords

SterlingTools Q3FY22 9MFY22 ResultUpdate