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23-Jan-2024

Control Print

OP up 14%, NP flat


'Consolidated net sales (including other operating income) of Control Print has increased 13.56% to Rs 88.63 crore in Q3FY24 compared to Q3FY23.  Operating profit margin has declined from 25.06% to 24.63%, leading to 11.61% rise in operating profit to Rs 21.83 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 34.75% to 31.55%.   Purchase of finished goods cost rose from 7.03% to 7.79%.   Employee cost increased from 17.28% to 18.94%.   Other expenses rose from 16.01% to 16.91%.   Other direct service cost rose from 1.99% to 4.26%.

Other income fell 63.64% to Rs 0.36 crore.  PBIDT rose 7.98% to Rs 22.19 crore.  Provision for interest rose 52.08% to Rs 0.73 crore. 



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