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13-Nov-2023

Sandhar Technologies Limited

NP up 67.69%

'For the quarter ending Sept 2023, consolidated Net sales (including other operating income) of Sandhar Technologies Limited has increased 18.57% to Rs 884.85 crore compared to quarter ended Sept 2022. Sales of India segment has gone up 17.41% to Rs 760.26 crore (accounting for 86.02% of total sales).  Sales of Overseas segment has gone up 25.13% to Rs 123.59 crore (accounting for 13.98% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 56.11% to Rs 35.46 crore.  PBIT of India segment rose 50.83% to Rs 40.2 crore (accounting for 83.54% of total PBIT).  PBIT of Europe segment rose 45.62% to Rs 7.92 crore (accounting for 16.46% of total PBIT).  

PBIT margin of India segment rose from 4.12% to 5.29%.  PBIT margin of Overseas segment increased from 5.51% to 6.41%.  Overall PBIT margin rose from 4.3% to 5.44%.  

Operating profit margin has jum...



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