'For quarter ending Sept 2024, consolidated Net sales (including other operating income) of Gabriel India has increased 18.81% to Rs 1027.09 crore compared to quarter ended Sept 2023.
Operating profit margin has jumped from 8.54% to 9.61%, leading to 33.70% rise in operating profit to Rs 98.71 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 74.52% to 73.45%. Purchase of finished goods cost rose from 1.03% to 1.05%. Employee cost decreased from 6.20% to 6.16%. Other expenses rose from 9.82% to 9.90%.
Other income rose 5.01% to Rs 4.82 crore. PBIDT rose 32.02% to Rs 103.53 crore. Provision for interest fell 7.08% to Rs 1.97 crore. Loan funds rose to Rs 81.48 crore as of 30 September 2024 from Rs 48.97 crore as of 30 September 2023. Inventories rose to Rs 320.93 crore as of 30 September 2024 from Rs 246.79 crore as of 30 September...
Pleaselogin & subscribe to view the full report.
More Reports
|
|
-
Results-Analysis (30-Jan-2025)
Gabriel India
Sales up 24.67% and NP increased 45.72%
-
Analyst Meet / AGM-Conference Call (30-Jan-2025)
Gabriel India
Marelli Motherson acquisition boosts suspension portfolio
-
Results-Analysis (23-Oct-2024)
Gabriel India
OP up 33.7% and NP up 35.81%
-
Analyst Meet / AGM-Conference Call (23-Oct-2024)
Gabriel India
Growth is expected to continue in H2 FY25 driven by the festive season and new product launches
|
|