Sterling Tools Limited has informed the Exchange regarding Outcome of Board Meeting held on May 13, 2025.
STERTOOLS · price
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Sterling Tools' Board approved standalone and consolidated audited financial results for Q4 and FY ended March 31, 2025, with an unmodified opinion from statutory auditor Walker Chandiok & Co LLP. On a standalone basis, FY25 revenue from operations rose about 6% to Rs. 644.78 crore and profit after tax grew roughly 10.5% to Rs. 42.87 crore, with basic EPS at Rs. 11.89 versus Rs. 10.77 last year. On a consolidated basis, FY25 revenue grew about 10% to Rs. 1,026.30 crore and PAT rose about 5.3% to Rs. 58.29 crore, helped by newer e-mobility subsidiaries. The Board recommended a higher final dividend of Rs. 2.50 per share (125%) versus Rs. 2 last year, subject to shareholder approval. Comparative figures have been restated to reflect the NCLT-approved amalgamation of wholly-owned subsidiary Haryana Ispat with Sterling Tools, effective April 1, 2025. Profaids Consulting was also re-appointed as Internal Auditor for FY26.
Healthy revenue and profit growth along with a higher dividend and a clean audit opinion are positive signals for shareholders. The consolidation of Haryana Ispat and the expanding e-mobility subsidiaries should further strengthen scale, though investors should note that prior-year figures have been restated to account for the merger.