'On consolidated basis
Quarter ended September 2024 compared with Quarter ended September 2023.
Net sales (including other operating income) of Sundram Fasteners has increased 4.52% to Rs 1486.04 crore. Operating profit margin has jumped from 16.23% to 16.46%, leading to 6.02% rise in operating profit to Rs 244.63 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 43.23% to 40.56%. Employee cost increased from 9.34% to 9.40%. Other expenses rose from 31.77% to 34.17%.
Other income rose 78.49% to Rs 13.03 crore. PBIDT rose 8.25% to Rs 257.66 crore. Provision for interest rose 18.13% to Rs 8.73 crore. Loan funds rose to Rs 834.95 crore as of 30 September 2024 from Rs 592.92 crore as of 30 September 2023. Inventories rose to Rs 1,015.32 crore as of 30 September 2024 from Rs 955.27 crore as of 30 September 2023. ...
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