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Consolidated net sales (including other operating income) of ITL Industries for the quarter ended Sep 2023 has declined 5% to Rs 38.43 crore. Operating profit margin has jumped from 6.6% to 8.4%, leading to 20% rise in operating profit to Rs 3.21 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 46.92% to 44.97%. Purchase of finished goods cost rose from 26.39% to 30.33%. Employee cost decreased from 9.84% to 9.09%. Other expenses fell from 9.34% to 7.81%. Other income fell 26.92% to Rs 0.38 crore. PBIDT rose 12.19% to Rs 3.59 crore. Provision for interest rose 95.24% to Rs 0.41 crore. PBDT rose 6.35% to Rs 3.18 crore. Provision for depreciation fell 11.11% to Rs 0.32 crore. Profit before tax grew 8.75% to Rs 2.86 crore. Share of profit/loss were nil in both the periods. Provision for tax wa...
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