STERTOOLS2024-10-012024-12-31 STERTOOLS2024-10-012024-12-31 STERTOOLS2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member STERTOOLS2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member STERTOOLS2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530759 STERTOOLS NOTLISTED Sterling Tools Limited Equity 2024-04-01 2025-03-31 2025-02-04 2025-01-30 INR Lakhs Third quarter 13:30:00 15:05:00 2025-02-04 2025-02-04 Not applicable Single segment FASTENERS 2024-10-01 2024-12-31 Unaudited Consolidated 2608762000.00 18128000.00 2626890000.00 1322082000.00 0.00 12382000.00 230975000.00 24174000.00 84476000.00 775182000.00 2449271000.00 177619000.00 0.00 177619000.00 37421000.00 4200000.00 41621000.00 0.00 135998000.00 0.00 0.00 0.00 0.00 135998000.00 -40667000.00 95331000.00 0.00 0.00 0.00 0.00 72048000.00 2 3.78 3.73 0.00 0.00 3.78 3.73 Notes: 1. The consolidated unaudited financial results of Sterling Tools Limited (the 'Holding Company') for the quarter and nine months ended 31 December 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 04 February 2025. The statutory auditors of the Holding Company have conducted a limited review of these consolidated unaudited 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 and accordingly there are no reportable segments. 4. Exceptional items includes: Particulars Year to date figures for previous period ended 31 December 2023 Year ended 31 March 2024 (a) Insurance claim 60.10 60.10 (b) Interest (20.39) (20.39) Total 39.71 39.71 a. pertains to insurance claim received from an insurance company on account of a fire incident in an earlier year at one of the Holding Company's manufacturing facility. b. pertains to estimated interest liability recognised by the Holding Company on proposed foreclosure of authorisation license under Export Promotion Capital Goods (‘EPCG’) scheme. 5. The Board of Directors of the Holding Company had considered and approved the amalgamation of Haryana Ispat Private Limited, a wholly owned subsidiary, by way of a scheme of amalgamation in its meeting dated 1 February 2024. Thereafter, the scheme was filed at the Delhi Bench of the Hon'able National Company Law Tribunal ('the NCLT') and in the last hearing held on 21 January 2025, the NCLT has reserved the order. 6. The Holding Company, during the period ended 31 December 2024, has acquired two wholly owned subsidiaries namely Sterling E-Mobility Private Limited and Sterling Tech-Mobility Limited on 28 June 2024 and has formed one wholly owned subsidiary namely Sterling Overseas Pte. Ltd. in Singapore on 23 September 2024. 7. The figures for the current quarter ended 31 December 2024 and corresponding quarter ended 31 December 2023 are the balancing figures between the published year to date figures in respect of the period ended 31 December 2024 and 31 December 2023, respectively and published figures upto half year ended 30 September 2024 and 30 September 2023 respectively. 8. Previous period figures have been regrouped/reclassified, where necessary, to conform to the current period's classification. The impact of such reclassification/regrouping is not material to these consolidated unaudited financial results. Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 8265379000.00 57207000.00 8322586000.00 4183700000.00 0.00 32824000.00 693784000.00 72137000.00 248035000.00 2444667000.00 7675147000.00 647439000.00 0.00 647439000.00 156726000.00 -4101000.00 152625000.00 0.00 494814000.00 0.00 0.00 0.00 0.00 494814000.00 -59004000.00 435810000.00 0.00 0.00 0.00 0.00 72048000.00 2 13.74 13.59 0.00 0.00 13.74 13.59 Other Expenses 775182000.00 Other Expenses 2444667000.00 -50211000.00 -76535000.00 -9544000.00 -17531000.00 0.00 0.00