Sterling Tools Reports Q1 Performance; Approves New Cost Auditor and Announces Investment in Subsidiary
Sterling Tools Limited has reported its Unaudited Financial Results for the first quarter ended June 30, 2026, with the Board of Directors approving the outcomes. The company also announced key operational decisions, including the appointment of a new Cost Auditor, setting dates for its upcoming Annual General Meeting (AGM), and committing to an investment tranche in its wholly owned subsidiary, Sterling Tech-Mobility Limited.The results reflect the operational performance across both standalone operations and the consolidated group structure.
Financial Performance Highlights (Q1 FY26)
Standalone Results:For the three months ended June 30, 2026, Sterling Tools reported Total Income of 20,185.51 lakhs. Revenue from operations stood at 19,940.17 lakhs, complemented by Other income of 245.34 lakhs. The company recorded a Profit for the period of 1,640.25 lakhs.
Consolidated Group Results:
The consolidated statements show Total Income reaching 21,660.43 lakhs for the quarter. Revenue from operations was reported at 21,407.13 lakhs, with Other income being 253.30 lakhs. The total comprehensive income attributable to owners of the Holding Company for the period was 603.48 lakhs.
The key financial metrics for the quarter ended June 30, 2026, are detailed below:
Standalone Unaudited Financial Results (Q1 FY26)
| Particulars | Three months ended 30 June 2026 | Three months ended 31 March 2026 | Three months ended 30 June 2025 | Year ended 31 March 2026 |
|---|---|---|---|---|
| Total income (a) | 20,185.51 | 20,793.21 | 16,320.51 | 72,587.32 |
| Expenses | 17,989.33 | 18,524.22 | 14,835.00 | 65,182.67 |
| Profit before tax | 2,196.18 | 3,043.10 | 1,485.51 | 8,354.29 |
| Total tax expense | 555.93 | 658.05 | 380.56 | 1,934.08 |
| Profit for the period | 1,640.25 | 2,385.05 | 1,104.95 | 6,420.21 |
Consolidated Unaudited Financial Results (Q1 FY26)
| Particulars | Three months ended 30 June 2026 | Three months ended 31 March 2026 | Three months ended 30 June 2025 | Year ended 31 March 2026 |
|---|---|---|---|---|
| Total income (a) | 21,660.43 | 22,492.46 | 19,496.57 | 83,950.51 |
| Total expenses | 20,374.90 | 22,651.91 | 18,268.84 | 80,135.15 |
| Profit before tax | 1,285.53 | 697.95 | 1,227.73 | 4,765.00 |
| Total tax expenses | 699.71 | 538.92 | 328.85 | 1,832.16 |
| Profit for the period | 585.82 | 159.03 | 898.88 | 2,932.84 |
Corporate and Operational Updates
Dividend Recommendation and AGM Details:The company's 47th Annual General Meeting (AGM) is scheduled for Friday, September 4, 2026. The Book Closure Date, designated for the purpose of the AGM and final dividend payment, has been fixed from Saturday, August 29, 2026, to Friday, September 4, 2026. Consequently, the Record Date is set as Friday, August 28, 2026. Earlier, the Board had recommended a final dividend of 2.75 per share (face value of 2 per share) for the financial year 2025-26.
Appointment of Cost Auditors:
The Board approved the appointment of M/s Jitender Navneet & Co as the Cost Auditors for Sterling Tools Limited for the financial year 2026-27. The firm, which specializes in Cost Audit and Internal Audit, was appointed on August 5, 2026.
Investment in Subsidiary:
The Board of Directors approved an investment tranche amounting up to Rs 15 crores through equity in Sterling Tech-Mobility Limited (STML), a wholly owned subsidiary of the company. This investment is intended to facilitate working capital requirements for STML.
Sterling Tech Mobility Limited (STML) was incorporated on May 8, 2023, and operates in the Automotive Sector. For the financial year ended March 31, 2026, STML's revenue from operations was Rs 34.39 lacs.
STERTOOLS Stock Price Movement
Shares of Sterling Tools Limited are edging higher to ₹261.15 as of 3:15 PM today, having gained ₹9.50 and moving up 3.78%. The stock maintains active momentum in the live market, with a total traded volume recorded at 76,622 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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