'Consolidated net sales (including other operating income) of Elecon Engineering Company for the quarter ended Dec 2023 has increased 21.79% to Rs 473.56 crore.
Operating profit margin has jumped from 22.77% to 25.42%, leading to 35.99% rise in operating profit to Rs 120.39 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 45.18% to 44.53%. Employee cost decreased from 10.22% to 9.14%. Other expenses fell from 22.01% to 20.99%. Other direct service cost rose from 7.06% to 8.62%.
Other income rose 185.14% to Rs 9.98 crore. PBIDT rose 41.66% to Rs 130.37 crore. Provision for interest fell 19.02% to Rs 1.49 crore.
PBDT rose 42.90% to Rs 128.88 crore. Provision for depreciation rose 4.38% to Rs 12.64 crore.
Profit before tax grew 48.87% to Rs 116.24 crore. Share of profit/loss was ...
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