'Standalone net sales (including other operating income) of Esab India for the quarter ended Sep 2023 has increased 9.29% to Rs 303.14 crore. Operating profit margin has jumped from 16.16% to 17.95%, leading to 21.37% rise in operating profit to Rs 54.40 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 46.69% to 45.13%. Purchase of finished goods cost fell from 16.08% to 14.93%. Employee cost decreased from 8.77% to 8.68%. Other expenses rose from 12.11% to 13.21%. Other income up 13.86% to Rs 1.15 crore. PBIDT rose 21.21% to Rs 55.55 crore. Provision for interest up 100% to Rs 0.1 crore. PBDT rose 21.12% to Rs 55.45 crore. Provision for depreciation rose 19.30% to Rs 3.4 crore. Profit before tax grew 21.24% to Rs 52.05 crore. Provision for tax was expense of Rs 13.64 crore, compared to Rs 11.02 crore. Eff...
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