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Consolidated net sales (including other operating income) of Crompton Greaves Consumer Electricals for the quarter ended Jun 2024 has increased 13.90% to Rs 2137.69 crore. Operating profit margin has jumped from 9.90% to 10.87%, leading to 25.08% rise in operating profit to Rs 232.37 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 26.99% to 21.97%. Purchase of finished goods cost rose from 43.03% to 46.03%. Employee cost increased from 7.43% to 7.59%. Other expenses rose from 12.93% to 13.50%. Other income rose 20.10% to Rs 23.78 crore. PBIDT rose 24.60% to Rs 256.15 crore. Provision for interest fell 24.55% to Rs 15.52 crore. PBDT rose 30.07% to Rs 240.63 crore. Provision for depreciation rose 27.31% to Rs 37.15 crore. Profit before tax grew 30.59% to Rs 203.48 crore. Share of profit/loss were nil in both the periods.&n...
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