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12-May-2024

Kalpataru Projects International

Net up 6% on inflated base


'Consolidated net sales (including other operating income) of Kalpataru Projects International for the quarter ended Mar 2024 has increased 22.31% to Rs 5971 crore.  Operating profit margin has jumped from 6.80% to 7.57%, leading to 36.14% rise in operating profit to Rs 452.00 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 43.01% to 43.37%.   Employee cost decreased from 8.01% to 7.59%.   Other expenses fell from 42.10% to 41.35%.   Other direct service cost fell from 34.64% to 31.23%.   

Other income rose 42.86% to Rs 20 crore.  PBIDT rose 36.42% to Rs 472 crore.  Provision for interest rose 7.58% to Rs 142 crore.  PBDT rose 54.21% to Rs 330 crore.  Provision for depreciation rose 8.18% to Rs 119 crore.   Profit before tax grew 102.88% to Rs 211.00 crore.  Share of profit/loss were nil in both the periods.  

EO ...



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