Sterling Tools Ltd consolidated Q4 FY23 net profit at Rs. 7.77 crores

Sterling Tools Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 212.6670 crores during the period ended March 31, 2023 as compared to Rs. 208.4574 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 7.7786 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 13.9173 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 2.16 for the period ended March 31, 2023 as compared to Rs. 3.86 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹212.6670 crs	₹208.4574 crs	2.02%
Net Profit	₹7.7786 crs	₹13.9173 crs	-44.11%
EPS	₹2.16	₹3.86	-44.04%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.212.6670 crores during the period ended March 31, 2023 as compared to Rs.170.0928 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.7.7786 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.6.8839 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.2.16 for the period ended March 31, 2023 as compared to Rs.1.91 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹212.6670 crs	₹170.0928 crs	25.03%
Net Profit	₹7.7786 crs	₹6.8839 crs	13.00%
EPS	₹2.16	₹1.91	13.09%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.774.8781 crores during the Financial Year ended March 31, 2023 as compared to Rs.512.6097 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.47.8780 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.25.5370 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.13.29 for the Financial Year ended March 31, 2023 as compared to Rs.7.09 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹774.8781 crs	₹512.6097 crs	51.16%
Net Profit	₹47.8780 crs	₹25.5370 crs	87.48%
EPS	₹13.29	₹7.09	87.45%

Shares of Sterling Tools Limited was last trading in BSE at Rs. 423.35 as compared to the previous close of Rs. 397.60. The total number of shares traded during the day was 43559 in over 2518 trades.

The stock hit an intraday high of Rs. 429.00 and intraday low of 392.10. The net turnover during the day was Rs. 18204534.00.

Source : Equity Bulls

Keywords

SterlingTools Q4FY23 FY2023 ResultUpdate