'For quarter ending June 2024, consolidated Net sales (including other operating income) of India Nippon Electricals has increased 16.71% to Rs 186.55 crore compared to quarter ended June 2023.Operating profit margin has jumped from 6.21% to 8.96%, leading to 68.38% rise in operating profit to Rs 16.72 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 68.58% to 66.24%. Purchase of finished goods cost fell from 2.68% to 2.31%. Employee cost increased from 12.60% to 12.94%. Other expenses fell from 9.91% to 9.60%. Other direct service cost rose from 4.06% to 4.39%.
Other income rose 88.59% to Rs 10.58 crore. PBIDT rose 75.68% to Rs 27.3 crore. Provision for interest rose 40% to Rs 0.14 crore.
PBDT rose 75.91% to Rs 27.16 crore. Provision for depreciation rose 0.53% to Rs 3.79 crore.
Profit before t...
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