Sunita Tools Ltd — Updates, 13-05-2025: Company Update
13-05-2025 | 11:50 am
13-05-2025 | 11:50 am
Sunita Tools Limited has announced the audited financial results for FY 2024-25, reporting growth in key operational metrics year-on-year. A significant drop in steel prices since March 2024 led to higher sales volumes but moderated sales value growth. Improved margins benefited from favorable raw material sourcing directly from steel mills. New production machinery added depreciation expense, impacting PAT but supporting cash flow amid planned expansion. Increased power, fuel, employee, and other expenses relate to the artillery shell project and CSR commitments, affecting profitability. The company is progressing on defence and aerospace projects and is exploring partnerships with UAE and Saudi firms for special components supply.
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