Sterling Tools consolidated net profit rises 34.40% in the March 2020 quarter

Sales decline 27.45% to Rs 85.83 crore

Net profit of Sterling Tools rose 34.40% to Rs 10.12 crore in the quarter ended March 2020 as against Rs 7.53 crore during the previous quarter ended March 2019. Sales declined 27.45% to Rs 85.83 crore in the quarter ended March 2020 as against Rs 118.30 crore during the previous quarter ended March 2019.

For the full year,net profit declined 32.38% to Rs 30.51 crore in the year ended March 2020 as against Rs 45.12 crore during the previous year ended March 2019. Sales declined 28.89% to Rs 364.24 crore in the year ended March 2020 as against Rs 512.20 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales85.83118.30 -27 364.24512.20 -29 OPM %16.0213.68 -16.5416.78 - PBDT13.2516.50 -20 60.2288.94 -32 PBT6.7011.46 -42 36.0169.89 -48 NP10.127.53 34 30.5145.12 -32

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