'For
quarter ended March 2024, standalone Net sales (including other operating income) of Swaraj Engines has declined 2.45% to Rs 350.96 crore compared to quarter ended March 2023. Operating profit margin has jumped from 13.34% to 13.71%, leading to 0.27% rise in operating profit to Rs 48.11 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 79.81% to 78.59%. Other expenses rose from 4.14% to 4.88%. Other income fell 14.86% to Rs 3.15 crore. PBIDT fell 0.81% to Rs 51.26 crore. Provision for interest up 50% to Rs 0.06 crore. Loan funds rose to Rs 0.36 crore as of 31 March 2024 from Rs 0.34 crore as of 31 March 2023. Inventories rose to Rs 70.80 crore as of 31 March 2024 from Rs 69.61 crore as of 31 March 2023. Sundry debtors were lower at Rs 120.19 crore as of 31 March 2024 compared to Rs 128.09 crore as of 31 March 2023. C...
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