Sterling Tools Ltd posts jump in Q1FY24 consolidated PAT to Rs. 13.06 crores

Sterling Tools Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 222.8230 crores during the period ended June 30, 2023 as compared to Rs. 212.6670 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 13.0677 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 7.7786 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.63 for the period ended June 30, 2023 as compared to Rs. 2.16 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹222.8230 crs	₹212.6670 crs	4.78%
Net Profit	₹13.0677 crs	₹7.7786 crs	68.00%
EPS	₹3.63	₹2.16	68.06%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.222.8230 crores during the period ended June 30, 2023 as compared to Rs.174.6252 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.13.0677 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.9.5802 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.63 for the period ended June 30, 2023 as compared to Rs.2.66 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹222.8230 crs	₹174.6252 crs	27.60%
Net Profit	₹13.0677 crs	₹9.5802 crs	36.40%
EPS	₹3.63	₹2.66	36.47%

Shares of Sterling Tools Limited was last trading in BSE at Rs. 354.00 as compared to the previous close of Rs. 337.40. The total number of shares traded during the day was 14144 in over 999 trades.

The stock hit an intraday high of Rs. 356.55 and intraday low of 332.70. The net turnover during the day was Rs. 4949389.00.

Source : Equity Bulls

Keywords

SterlingTools Q1FY24 ResultUpdate