'Consolidated net sales (including other
operating income) of P I Industries has increased 11.20% to Rs 1741 crore. Operating profit margin has jumped from
21.90% to 25.38%, leading to 28.88% rise in operating profit to Rs 441.80
crore. Raw material cost as a % of total
sales (net of stock adjustments) decreased from 53.55% to 46.55%. Purchase of finished goods cost fell from
2.21% to 2.09%. Employee cost increased
from 8.48% to 9.77%. Other expenses
rose from 14.15% to 17.39%.
Other income rose 16.97% to Rs 57.9
crore.
PBIDT rose 27.38% to Rs 499.7
crore. Provision for interest rose
230.30% to Rs 10.9 crore. Loan funds
rose to Rs 190.60 crore as of 31 March 2024 from Rs 46.50 crore as of 31 March
2023. ...
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(18-Nov-2024)
Bharat Forge
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