Sterling Tools Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Sterling Tools Ltd reported a 8.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 12.3%.
- Its expenses for the quarter were down by 6.8% QoQ and up 13.2% YoY.
- The net profit decreased 22.2% QoQ and increased 0.1% YoY.
- The earnings per share (EPS) of Sterling Tools Ltd stood at 3.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 262.69 | 285.91 | 233.97 | -8.1% | 12.3% |
Total Expenses | 244.93 | 262.85 | 216.45 | -6.8% | 13.2% |
Profit Before Tax | 17.76 | 23.05 | 17.52 | -23.0% | 1.4% |
Tax | 4.16 | 5.58 | 3.94 | -25.4% | 5.6% |
Profit After Tax | 13.60 | 17.47 | 13.58 | -22.2% | 0.1% |
Earnings Per Share | 3.70 | 4.80 | 3.80 | -22.9% | -2.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sterling Tools Ltd is a company that specializes in manufacturing high tensile fasteners, primarily used in the automotive industry. The company is recognized for its high-quality products and has established a significant presence in the market over the years. Sterling Tools Ltd serves a diverse range of clients, including major automotive manufacturers. The company continually focuses on innovation and quality to maintain its competitive edge. Recent developments in the company or industry are not available from the provided data.
Revenue
In the third quarter of the financial year 2025 (Q3FY25), Sterling Tools Ltd reported a total income of ₹262.69 crores. This figure represents a decline of 8.1% compared to the preceding quarter (Q2FY25), where the total income was ₹285.91 crores. However, when compared to the same quarter in the previous year (Q3FY24), the total income increased by 12.3%, up from ₹233.97 crores. These figures highlight the revenue trends over the specified periods.
Profitability
During Q3FY25, Sterling Tools Ltd achieved a profit before tax of ₹17.76 crores, which showed a decrease of 23.0% from the previous quarter's ₹23.05 crores. On a year-over-year basis, there was a slight increase of 1.4% from ₹17.52 crores in Q3FY24. The tax paid during this quarter amounted to ₹4.16 crores, reflecting a decrease both quarter-over-quarter (25.4%) and year-over-year (5.6%). Consequently, the profit after tax stood at ₹13.60 crores, representing a 22.2% decrease from the previous quarter and a marginal increase of 0.1% from the previous year. The earnings per share were ₹3.70, which marked a decrease of 22.9% from the previous quarter and a slight decrease of 2.6% compared to the same quarter last year.
Operating Metrics
The total expenses for Sterling Tools Ltd in Q3FY25 were ₹244.93 crores, showing a reduction of 6.8% from the previous quarter's expenses of ₹262.85 crores. Compared to the same quarter of the previous year (Q3FY24), total expenses increased by 13.2%, reflecting the company's operational cost dynamics. While the data provides insight into the company's cost management and operational efficiency, specific operating metrics such as production volumes or capacity utilization are not available from the provided data.
