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09-Feb-2024

Esab India

Net up 5% on 13% growth in sales


'Standalone net sales (including other operating income) of Esab India for the quarter ended Dec 2023 has increased 12.74% to Rs 301.45 crore.  Operating profit margin has declined from 18.11% to 17.81%, leading to 10.88% rise in operating profit to Rs 53.70 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 44.80% to 43.84%.   Purchase of finished goods cost fell from 16.42% to 15.80%.   Employee cost increased from 8.57% to 9.83%.   Other expenses rose from 12.49% to 13.01%.   

Other income fell 67.09% to Rs 1.04 crore.  PBIDT rose 6.11% to Rs 54.74 crore.  Provision for interest up 22.22% to Rs 0.11 crore.  

PBDT rose 6.08% to Rs 54.63 crore.  Provision for depreciation rose 20.14% to Rs 3.52 crore.  

Profit before tax grew 5.23% to Rs 51.11 crore.  Provision for tax was expense of Rs 13.16 crore, compared to Rs ...



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