Sterling Tools Q2 results, new Chief Manufacturing Officer appointed
STERTOOLS · price
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Sterling Tools reported standalone Q2 FY26 revenue of Rs 169.93 crore, up 2 percent year-on-year. Standalone profit after tax rose to Rs 19.80 crore from Rs 11.88 crore, boosted by a one-time exceptional gain of Rs 9.50 crore (including Rs 6.22 crore interest) as enhanced compensation from Delhi Metro Rail Corporation for land acquired earlier. Consolidated Q2 revenue was Rs 207.91 crore with PAT of Rs 17.19 crore. The board also appointed Mr Roney John as Chief Manufacturing Officer effective 11 November 2025; he brings over 30 years of manufacturing experience including leadership roles at Mahindra CIE and Endurance Technologies.
Strong profit growth aided by one-time DMRC compensation that will not recur. Revenue steady. New manufacturing chief adds seasoned operations leadership.