'Consolidated net sales (including other operating income) of Kirloskar Oil Engines for the quarter ended Jun 2024 has increased 5.97% to Rs 1635.55 crore. Operating profit margin has jumped from 17.27% to 19.75%, leading to 21.21% rise in operating profit to Rs 323.02 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 47.90% to 46.28%. Purchase of finished goods cost fell from 13.05% to 12.55%. Employee cost increased from 5.89% to 7.54%. Other expenses fell from 15.59% to 14.17%. Preoperation capitalised expenses fell from 0.44% to 0.18%.
Other income rose 95.24% to Rs 11.89 crore. PBIDT rose 22.87% to Rs 334.91 crore. Provision for interest rose 32.45% to Rs 101.27 crore. PBDT rose 19.13% to Rs 233.64 crore. Provision for depreciation rose 13.21% to Rs 30.34 crore. Profit before tax grew 20.07% to Rs 203.30 crore.&nbs...
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