'Consolidated net sales (including other operating income) of Jupiter Wagons for the quarter ended Dec 2023 has increased 39.01% to Rs 895.84 crore. Operating profit margin has jumped from 12.44% to 13.88%, leading to 55.20% rise in operating profit to Rs 124.38 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 76.34% to 77.32%. Employee cost decreased from 1.76% to 1.35%. Other expenses fell from 9.05% to 7.71%.
Other income rose 158.85% to Rs 4.97 crore. PBIDT rose 57.63% to Rs 129.35 crore. Provision for interest rose 54.24% to Rs 11.46 crore.
PBDT rose 57.97% to Rs 117.89 crore. Provision for depreciation rose 11.38% to Rs 6.85 crore.
Profit before tax grew 62.15% to Rs 111.04 crore. Share of profit/loss was 21.95% lower at Rs -1.5 crore. Provision for tax was expense of Rs 28.08 crore, ...
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