STERTOOLS2023-10-012023-12-31 STERTOOLS2023-10-012023-12-31 STERTOOLS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member STERTOOLS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member STERTOOLS2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530759 STERTOOLS NOTLISTED Sterling Tools Limited Equity 2023-04-01 2024-03-31 2024-02-01 2024-01-25 INR Lakhs Third quarter 11:40:00 13:50:00 2024-02-01 2024-02-01 Not applicable Single segment FASTENERS 2023-10-01 2023-12-31 Unaudited Consolidated 2319476000.00 20176000.00 2339652000.00 1323840000.00 0.00 -115193000.00 161405000.00 21987000.00 83874000.00 688512000.00 2164425000.00 175227000.00 0.00 175227000.00 44463000.00 -5074000.00 39389000.00 0.00 135838000.00 0.00 0.00 0.00 0.00 135838000.00 -5501000.00 130337000.00 135838000.00 0.00 130337000.00 0.00 72048000.00 2 3.77 3.77 0.00 0.00 3.77 3.77 1. The consolidated financial results of Sterling Tools Limited (the 'Holding Company') for the quarter and nine months ended 31 December 2023 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 01 February 2024. The statutory auditors of the Holding Company have expressed an unmodified review conclusion on these consolidated financial results. 2. The above results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ('Ind AS') as notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), as specified under section 133 of the Companies Act, 2013, other accounting principles generally accepted in India and in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (as amended). 3. The Group is primarily in the business of manufacturing of automotive components which falls within a single business segment in terms of the Indian Accounting Standard 108, 'Operating Segments' and hence no additional disclosures have been furnished. 4. Exceptional items includes: RS. 60.10 Lakhs pertaing to insurance claim received from an insurance company on account of a fire incident in an earlier year at one of the Company's manufacturing facility. (20.39) Lakhs pertaining to estimated interest liability recognised by the Company on proposed foreclosure of authorisation license under Export Promotion Capital Goods (‘EPCG’) scheme. 5. The Board of Directors of the Company have considered and approved the amalgamation of Haryana Ispat Private Limited, a wholly owned subsidiary by way of a scheme of amalgamation. The Scheme is subject to defined regulatory approval process which would require approval of the Hon’able National Company Law Tribunal 6. The figures for the current quarter ended 31 December 2023 and corresponding quarter ended 31 December 2022 are the balancing figures between the published year to date figures in respect of the period ended 31 December 2023 and 31 December 2022, respectively and published figures upto half year ended 30 September 2023 and 30 September 2022 respectively. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 6627233000.00 55967000.00 6683200000.00 3577821000.00 0.00 -106443000.00 470850000.00 72470000.00 247838000.00 1915834000.00 6178370000.00 504830000.00 3971000.00 508801000.00 135173000.00 -17519000.00 117654000.00 0.00 391147000.00 0.00 0.00 0.00 0.00 391147000.00 -5502000.00 385645000.00 391147000.00 0.00 385645000.00 0.00 72048000.00 2 10.86 10.86 0.00 0.00 10.86 10.86 Other Expenses 688512000.00 Other Expenses 1915834000.00 -7368000.00 -7375000.00 -1867000.00 -1873000.00 0.00 0.00