Sterling Tools Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of Sterling Tools Limited has approved the unaudited financial results for the second quarter and half-year, reporting a revenue from operations of ₹166.71 crore and a profit before tax of ₹16.07 crore for the quarter ended on September 30, 2024. Additionally, the Board appointed M/s Profaids Consulting as the internal auditors for the third and fourth quarters of FY 2024-25. Furthermore, the Board has sanctioned an equity investment of ₹20 crore in Sterling Tech-Mobility Limited, a wholly owned subsidiary.