Sterling Tools Limited has informed the Exchange about Copy of Newspaper Publication of Financial Results for the fourth quarter and financial year ended 31st March, 2026
STERTOOLS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sterling Tools Limited reported standalone total income of ₹7,259 lakh for FY26, up 11.4% from ₹6,516 lakh in FY25. Standalone net profit after tax jumped 49.8% to ₹6,420 lakh from ₹4,287 lakh, with EPS at ₹17.73 vs ₹11.89. However, consolidated performance declined as total income fell 19% to ₹83,951 lakh from ₹1,03,795 lakh, and consolidated net profit dropped 50% to ₹2,933 lakh from ₹5,829 lakh. The board recommended a higher dividend of ₹2.75 per share (face value ₹2) compared to ₹2.50 last year. An exceptional income of ₹950 lakh was received from DMRC as enhanced compensation for land acquired earlier. Consolidated decline was due to customer mix shift at a subsidiary and an expected credit loss provision for a customer in NCLT proceedings.
Standalone operations showed strong growth with 50% profit increase, but consolidated results reflect weakness at subsidiary level which dragged overall performance. The improved dividend and standalone strength are positives for shareholders despite the mixed consolidated picture.