'Consolidated net sales (including other operating income) of Deep Industries for the quarter ended Jun 2024 has increased 21.85% to Rs 123.46 crore. Operating profit margin has declined from 42.42% to 40.98%, leading to 17.73% rise in operating profit to Rs 50.60 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 39.24% to 39.83%. Employee cost increased from 10.58% to 12.42%. Other expenses fell from 7.74% to 6.77%.
Other income rose 93.40% to Rs 10.85 crore. PBIDT rose 26.47% to Rs 61.45 crore. Provision for interest rose 54.60% to Rs 2.52 crore.
PBDT rose 25.49% to Rs 58.93 crore. Provision for depreciation rose 8.75% to Rs 9.82 crore.
Profit before tax grew 29.48% to Rs 49.11 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 10.36 crore, compared to R...
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