Sterling Tools Limited reported its Q4 FY26 results with revenue growth but a sharp decline in profitability on a year-on-year basis. The company’s consolidated revenue from operations rose 11.1% YoY, while net profit declined over 81% during the March quarter.
For the quarter ended March 2026, revenue from operations stood at Rs 221.97 crore compared to Rs 199.76 crore in the corresponding quarter last year. Total income increased 9.4% YoY to Rs 224.92 crore from Rs 205.69 crore.
However, the company reported a loss before exceptional items and tax of Rs 1.59 crore in Q4 FY26 against a profit of Rs 11.89 crore in Q4 FY25, reflecting pressure on margins and higher expenses.
Sterling Tools posted an exceptional gain of Rs 8.57 crore during the quarter, helping profit before tax rise to Rs 6.80 crore compared to Rs 11.89 crore in the year-ago period, marking a decline of 42.8% YoY.
Net profit for the quarter came in at Rs 1.59 crore versus Rs 8.81 crore in Q4 FY25, down 81.9% YoY.
Employee benefit expenses increased 7.6% YoY to Rs 24.11 crore, while other expenses surged 45.3% YoY to Rs 99.68 crore during the quarter. Finance costs declined 6.7% YoY to Rs 2.39 crore.
Depreciation and amortisation expenses edged up marginally to Rs 10.12 crore from Rs 10.01 crore in the same quarter last year.
For the full financial year ended March 2026, the company reported revenue from operations of Rs 827.81 crore compared to Rs 1,026.30 crore in FY25, reflecting a decline of 19.3% YoY.
Annual net profit fell 49.7% YoY to Rs 29.33 crore from Rs 58.29 crore reported in the previous financial year.