StockWatch
·
Auto Components & Equipments
Management Change27 Oct 2026, 01:13 pm

Sterling Tools Appoints New CFO, Approves Q2 Results

AI Summary

Sterling Tools Ltd announced a change in its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). Mr. Anish Agarwal resigned from the CFO position effective October 26, 2026. Subsequently, the Board of Directors approved the appointment of Mr. Amit Dhadda as the new CFO, effective October 27, 2026. The company also approved its Unaudited Financial Results (Standalone and Consolidated) for the second quarter and half year ended September 30, 2026. Revenue from operations for the second quarter stood at ₹22,589.34 Lacs (₹225.89 Crore), a notable increase from ₹16,993.06 Lacs (₹169.93 Crore) in the same quarter last year. Profit after tax for the quarter was ₹1,363.07 Lacs (₹13.63 Crore).

Key Highlights

  • Sterling Tools appointed Amit Dhadda as the new CFO.
  • Anish Agarwal resigned as CFO effective October 26, 2026.
  • Board approved Q2 FY27 unaudited financial results.
  • Q2 revenue increased to ₹22,589.34 Lacs (₹225.89 Crore).
  • Q2 profit after tax reported at ₹1,363.07 Lacs (₹13.63 Crore).