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21-May-2024

NDR Auto Components

Sales up 35.15% and NP up 16.57%


'For the quarter ending March 2023, consolidated Net sales (including other operating income) of NDR Auto Components has increased 35.15% to Rs 176.05 crore compared to quarter ended March 2023.  Operating profit margin has jumped from 8.32% to 9.34%, leading to 51.66% rise in operating profit to Rs 16.44 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 77.30% to 78.58%.   Employee cost decreased from 2.72% to 2.65%.   Other expenses fell from 11.47% to 9.43%.   

Other income fell 66.67% to Rs 0.93 crore.  PBIDT rose 27.44% to Rs 17.37 crore.  Provision for interest rose 36.36% to Rs 0.75 crore.  Loan funds declined from Rs 33.72 crore as of 31 March 2023 to Rs 31.17 crore as of 31 March 2024.  Inventories declined from Rs 39.34 crore as of 31 March 2023 to Rs 29.73 crore as of 31 March 2024.  Sundry debtors were higher at Rs 87.12 c...



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