'Standalone net sales (including other operating income) of Ingersoll-Rand (India) for the quarter ended Jun 2024 has increased 4.34% to Rs 317.74 crore. Operating profit margin has jumped from 23.45% to 26.07%, leading to 15.98% rise in operating profit to Rs 82.82 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 55.83% to 53.88%. Purchase of finished goods cost fell from 2.51% to 2.09%. Employee cost decreased from 9.45% to 9.19%. Other expenses rose from 8.74% to 9.42%.
Other income fell 8.82% to Rs 5.17 crore. PBIDT rose 14.15% to Rs 87.99 crore. Provision for interest fell 55% to Rs 0.18 crore.
PBDT rose 14.51% to Rs 87.81 crore. Provision for depreciation rose 3.91% to Rs 4.52 crore.
Profit before tax grew 15.15% to Rs 83.29 crore. Provision for tax was expense of Rs 21.43 crore, compared t...
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