'Standalone net sales (including other operating income) of Ingersoll-Rand (India) for the quarter ended Sep 2023 has increased 8.81% to Rs 276.31 crore. Operating profit margin has jumped from 18.02% to 23.76%, leading to 43.52% rise in operating profit to Rs 65.66 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 60.73% to 55.54%. Purchase of finished goods cost fell from 1.87% to 1.63%. Employee cost decreased from 10.29% to 10.01%. Other expenses rose from 9.67% to 9.76%.
Other income fell 2.27% to Rs 6.47 crore. PBIDT rose 37.73% to Rs 72.13 crore. Provision for interest up 13.46% to Rs 0.59 crore. PBDT rose 37.97% to Rs 71.54 crore. Provision for depreciation rose 15.33% to Rs 4.59 crore. Profit before tax grew 39.86% to Rs 66.95 crore. Provision for tax was expense of Rs 17.24 crore, compared to Rs 12.41 cro...
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