Sterling Tools reports revenue growth, expands EV components business

Sterling Tools Limited reported a consolidated total income of INR 1,038 crore for FY 2024-25, marking a 10.6% increase from the previous fiscal year. The company's adjusted EBITDA grew by 13.8% to INR 132.4 crore, with a profit after tax of INR 58.3 crore. Shareholders will receive a final dividend of INR 2.50 per equity share for FY 2024-25, representing a 125% payout.

The company's EV components subsidiary, Sterling Gtake E-Mobility (SGEM), expanded its annual Motor Control Unit (MCU) capacity to 720,000 units. Sterling Tools also announced a partnership with GLVAC YT, China, to manufacture high-voltage DC contactors and relays in India.

The 46th Annual General Meeting will be held on Thursday, September 25, 2025, at 10:00 AM (IST) via Video Conferencing/Other Audio Visual means. The cut-off date for e-voting is September 18, 2025.