'Consolidated net sales
(including other operating income) of Jupiter Wagons for the quarter ended Jun
2024 has increased 16.82% to Rs 879.86 crore. Operating profit
margin has jumped from 12.85% to 15.53%, leading to 41.17% rise in operating
profit to Rs 136.68 crore. Raw material cost as a % of total sales
(net of stock adjustments) decreased from 77.55% to 75.07%.
Employee cost increased from 1.49% to 1.89%. Other
expenses fell from 8.16% to 7.89%.
Other
income rose 253.60% to Rs 7.85 crore. PBIDT rose 45.93% to Rs 144.53
crore. Provision for interest rose 50.90% to Rs 12.63
crore.
PBDT
rose 45.47% to Rs 131.9 crore. Provision for depreciation rose
90.23% to Rs 12.46 crore.
Profit
before tax grew 41.99% to Rs 119.44 crore. Provision for tax was
expense of Rs 27.76 crore, compared to Rs 21.05 crore. Effective tax...
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