'On consolidated basis
Quarter ended December 2024 compared with Quarter ended December 2023.
Net sales (including other operating income) of Minda Corporation has increased 7.44% to Rs 1252.56 crore. Operating profit margin has jumped from 11.14% to 11.46%, leading to 10.54% rise in operating profit to Rs 143.56 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 59.64% to 60.21%. Purchase of finished goods cost fell from 3.06% to 1.73%. Employee cost increased from 15.80% to 15.81%. Other expenses rose from 10.49% to 10.89%.
Other income rose 359.09% to Rs 9.09 crore. PBIDT rose 15.78% to Rs 152.65 crore. Provision for interest fell 16.90% to Rs 11.9 crore.
PBDT rose 19.76% to Rs 140.75 crore. Provision for depreciation rose 20.68% to Rs 50.36 crore.
Profit before tax grew 19.2...
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