Sterling Tools Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2025, recommended Final Dividend of 2.50 per equity share.
STERTOOLS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sterling Tools Limited's Board, at its May 13, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor's opinion. Standalone FY25 revenue from operations rose to Rs. 644.78 crore (from Rs. 608.14 crore) and profit after tax grew to Rs. 42.87 crore (from Rs. 38.81 crore). Consolidated FY25 revenue climbed to Rs. 1,026.30 crore (from Rs. 931.97 crore) with PAT at Rs. 58.29 crore. The Board recommended a final dividend of Rs. 2.50 per share (125% on Rs. 2 face value), up 25% from Rs. 2 per share last year, subject to shareholder approval. The Board also re-appointed Profaids Consulting as Internal Auditors for FY26 and noted the NCLT-approved merger of wholly owned subsidiary Haryana Ispat Pvt Ltd with the company effective April 1, 2025.
The higher dividend signals management's confidence in cash flows and is mildly positive for income-focused shareholders. Revenue and profit growth, along with the amalgamation and new subsidiaries, point to a stable expansion story, though investors should track the stock price to gauge the actual dividend yield before the record date.