Stock Report

Sterling Tools Ltd Q4 FY2023-24 consolidated PAT increases to Rs. 16.25 crores

Posted On : 2024-05-11 10:15:41( TIMEZONE : IST )

Sterling Tools Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 270.1913 crores during the period ended March 31, 2024 as compared to Rs. 233.9652 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 16.2504 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 13.5838 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 4.51 for the period ended March 31, 2024 as compared to Rs. 3.77 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 270.1913 crs	₹233.9652 crs	15.48%
Net Profit	₹16.2504 crs	₹13.5838 crs	19.63%
EPS	₹4.51	₹3.77	19.63%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 270.1913 crores during the period ended March 31, 2024 as compared to Rs.212.6670 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.16.2504 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.7.7786 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.4.51 for the period ended March 31, 2024 as compared to Rs.2.16 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 270.1913 crs	₹212.6670 crs	27.05%
Net Profit	₹16.2504 crs	₹7.7786 crs	108.91%
EPS	₹4.51	₹2.16	108.80%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.938.5111 crores during the Financial Year ended March 31, 2024 as compared to Rs.774.8781 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.55.3650 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.47.8780 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.15.35 for the Financial Year ended March 31, 2024 as compared to Rs.13.29 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹938.5111 crs	₹774.8781 crs	21.12%
Net Profit	₹55.3650 crs	₹47.8780 crs	15.64%
EPS	₹15.35	₹13.29	15.50%

Shares of Sterling Tools Limited was last trading in BSE at Rs. 364.20 as compared to the previous close of Rs. 362.05. The total number of shares traded during the day was 10792 in over 866 trades.

The stock hit an intraday high of Rs. 369.00 and intraday low of 355.35. The net turnover during the day was Rs. 3925839.00.