STERTOOLS2023-04-012023-06-30 STERTOOLS2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member STERTOOLS2023-06-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530759 STERTOOLS NOTLISTED Sterling Tools Limited Equity 2023-04-01 2024-03-31 2023-08-02 2023-07-26 INR Lakhs First quarter 13:15:00 15:25:00 2023-08-02 2023-08-02 Not applicable Single segment FASTENERS 2023-04-01 2023-06-30 Unaudited Standalone 1475677000.00 10716000.00 1486393000.00 624800000.00 0.00 -17629000.00 128049000.00 22210000.00 76903000.00 540887000.00 1375220000.00 111173000.00 -2039000.00 109134000.00 32249000.00 -4046000.00 28203000.00 0.00 80931000.00 0.00 0.00 0.00 0.00 80931000.00 -21000.00 80910000.00 0.00 0.00 72048000.00 2 2.25 2.25 0.00 0.00 2.25 2.25 Notes: 1. The standalone financial results of Sterling Tools Limited (the 'Company') for the quarter ended 30 June 2023 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 2 August 2023. The Statutory Auditors of the Company have expressed an unmodified review conclusion on these standalone 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) 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. Figures for the quarter ended 31 March 2023 represents the balancing figures between the audited figures in respect of the full financial year and published year to date reviewed figures upto the third quarter of the year ended 31 March 2023. 4. The Company is primarily in the business of manufacturing and sale of fasteners (i.e. automotive components) which falls within a single business segment in terms of the Indian Accounting Standard 108 - Operating Segments and accordingly, there are no reportable segments. 5. Exceptional item of Rs.20.39 lakhs for the quarter ended 30 June 2023 pertains to estimated interest liability for the quarter recognised by the Company on proposed foreclosure of one authorisation license under Export Promotion Capital Goods (‘EPCG’) scheme by the Company. Other Expenses 540887000.00 21000.00 0.00