'Standalone net sales (including other operating income) of Shanthi Gears for the quarter ended Jun 2024 has increased 14.30% to Rs 138.82 crore. Operating profit margin has jumped from 19.02% to 20.64%, leading to 24.03% rise in operating profit to Rs 28.65 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 45.84% to 51.20%. Employee cost decreased from 19.06% to 12.84%. Other expenses rose from 15.67% to 17.18%.
Other income fell 15.04% to Rs 3.39 crore. PBIDT rose 18.27% to Rs 32.04 crore. Provision for interest remained nil.
PBDT rose 18.27% to Rs 32.04 crore. Provision for depreciation rose 4.04% to Rs 3.09 crore.
Profit before tax grew 20.02% to Rs 28.95 crore. Provision for tax was expense of Rs 7.29 crore, compared to Rs 6 crore. Effective tax rate was 25.18% compared to 24.88%.
Profit...
Pleaselogin & subscribe to view the full report.
More Reports
|
|