'Consolidated
net sales (including other operating income) of Sharda Motor Industries has
increased 2.21% to Rs 703.39 crore.
Operating profit margin has jumped from 11.79% to 14.13%, leading to
22.54% rise in operating profit to Rs 99.42 crore. Raw material cost as a % of total sales (net
of stoAck adjustments) decreased from 76.56% to 71.82%. Purchase of finished goods cost fell from
2.48% to 2.13%. Employee cost increased
from 3.67% to 4.49%. Other expenses
rose from 5.46% to 7.45%.
Other
income rose 111.02% to Rs 28.91 crore.
PBIDT rose 35.33% to Rs 128.33 crore.
Provision for interest rose 25% to Rs 0.2 crore. Loan funds declined from Rs 24.64 crore as of
31 March 2023 to Rs 23.67 crore as of 31 March 2024.&nbs...
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