Established in 1979, STL manufactures and markets high tensile cold forged fasteners, primarily for the automobile industry. STL was founded by the first generation entrepreneur, Mr. Manohar Lal Aggarwal, and has thereafter been managed by his two sons, Mr. Anil Aggarwal and Mr. Atul Aggarwal.
Financial Results:
Sterling Tools Ltd reported Revenues for Q2FY24 of ₹210.00 Crores up from ₹179.00 Crore year on year, a rise of 17.32%.
Total Expenses for Q2FY24 of ₹196.00 Crores up from ₹164.00 Crores year on year, a rise of 19.51%.
Consolidated Net Profit of ₹12.00 Crores down 29.41% from ₹17.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹3.46, down 24.95% from ₹4.61 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.