'Consolidated net sales (including other operating income) of Deep Industries for the quarter ended Dec 2023 has increased 6.76% to Rs 104.69 crore. Operating profit margin has declined from 40.53% to 38.21%, leading to 0.65% rise in operating profit to Rs 40.00 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 47.69% to 44.03%. Employee cost increased from 8.45% to 11.68%. Other expenses rose from 4.15% to 6.08%.
Other income rose 366.33% to Rs 9.14 crore. PBIDT rose 17.84% to Rs 49.14 crore. Provision for interest rose 163.06% to Rs 2.92 crore.
PBDT rose 13.87% to Rs 46.22 crore. Provision for depreciation rose 13.53% to Rs 8.98 crore.
Profit before tax grew 13.95% to Rs 37.24 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 9.3 crore, compared to Rs 7...
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