'Consolidated net sales (including other operating income) of Crompton Greaves Consumer Electricals for the quarter ended Sep 2023 has increased 4.87% to Rs 1782.27 crore.
Operating profit margin has declined from 11.36% to 9.79%, leading to 9.63% decline in operating profit to Rs 174.52 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 25.73% to 26.26%. Purchase of finished goods cost rose from 39.71% to 43.16%. Employee cost decreased from 8.43% to 8.22%. Other expenses fell from 13.91% to 12.80%.
Other income fell 18.69% to Rs 14.88 crore. PBIDT fell 10.41% to Rs 189.4 crore. Provision for interest fell 27.92% to Rs 21.53 crore.
PBDT fell 7.53% to Rs 167.87 crore. Provision for depreciation rose 13.58% to Rs 32.12 crore.
Profit before tax down 11.43% to Rs 135.75 crore. ...
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