STERTOOLSNSESterling Tools Limited· FastnersHighNeutral
Announced Thu, 7 Aug · 14:42 IST

Sterling Tools Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.

Results RestatedRelated Party TransactionsResults View source PDF

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AI summary

Sterling Tools Limited announced its unaudited financial results for the quarter ended June 30, 2025. On a standalone basis, revenue from operations stood at Rs. 16,110.86 lakhs, nearly flat compared to Rs. 16,126.91 lakhs in the same quarter last year. Standalone profit after tax was Rs. 1,104.95 lakhs (vs Rs. 1,141.27 lakhs in Q1 FY25), with basic EPS of Rs. 3.05. On a consolidated basis, revenue was Rs. 19,208.11 lakhs, down sharply from Rs. 28,168 lakhs in Q1 FY25, though this comparison is impacted by the merger of wholly owned subsidiary Haryana Ispat which was merged effective April 1, 2024, causing restatement of prior period numbers. Consolidated PAT came in at Rs. 898.88 lakhs. The Board also approved a Rs. 20 crore equity investment in wholly owned subsidiary Sterling Tech-Mobility Limited to support expansion into new automotive product lines, re-appointed the Cost Auditors, appointed a new Secretarial Auditor, named a new Company Secretary, and re-appointed an Independent Director.

Likely market impact

Core standalone business is stable with margins holding up, but the consolidated picture shows lower top-line versus the prior year largely due to merger-related base effects. The Rs. 20 crore infusion into the EV/mobility subsidiary signals ongoing capital commitment to future growth, while the final dividend record date of September 6, 2025 is a key event for shareholders.