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08-Aug-2024

Esab India

Sales up 11%, net up 5%


'Standalone net sales (including other operating income) of Esab India for the quarter ended Jun 2024 has increased 10.51% to Rs 329.61 crore.  Operating profit margin has declined from 19.38% to 18.83%, leading to 7.41% rise in operating profit to Rs 62.07 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 47.80% to 43.53%.   Purchase of finished goods cost rose from 12.60% to 15.48%.   Employee cost increased from 8.33% to 8.45%.   Other expenses rose from 11.89% to 13.98%.   

Other income fell 51.98% to Rs 1.21 crore.  PBIDT rose 4.92% to Rs 63.28 crore.  Provision for interest up 22.22% to Rs 0.11 crore.  

PBDT rose 4.90% to Rs 63.17 crore.  Provision for depreciation down 0.30% to Rs 3.33 crore.  

Profit before tax grew 5.20% to Rs 59.84 crore.  Provision for tax was expense of Rs 15.39 crore, compared to Rs 14...



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