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31-Oct-2023

Ajanta Pharma

OPM jumped by 733 bps


'For the quarter ending Sept 2023, consolidated Net sales (including other operating income) of Ajanta Pharma has increased 9.63% to Rs 1028.44 crore compared to quarter ended Sept 2022.  Operating profit margin has jumped from 20.93% to 28.26%, leading to 48.04% rise in operating profit to Rs 290.66 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 22.22% to 21.44%.   Purchase of finished goods cost rose from 4.42% to 4.51%.   Employee cost increased from 20.13% to 21.31%.   Other expenses fell from 32.00% to 24.87%.   

Other income fell 47.14% to Rs 21.33 crore.  PBIDT rose 31.81% to Rs 311.99 crore.  Provision for interest rose 136.36% to Rs 2.34 crore.  

PBDT rose 31.37% to Rs 309.65 crore.  Provision for depreciation rose 3.09% to Rs 33.71 crore.  

Profit before tax grew 35.93% to Rs 275.94 crore.  ...



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