'For
quarter ended June 2024, standalone Net sales (including other operating income) of Swaraj Engines has increased 4.54% to Rs 417.99 crore compared to quarter ended June 2023. Operating profit margin has jumped from 13.80% to 13.93%, leading to 5.58% rise in operating profit to Rs 58.24 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 79.05% to 78.43%. Employee cost increased from 2.83% to 3.01%. Other expenses rose from 4.16% to 4.40%. Other income fell 4.79% to Rs 4.37 crore. PBIDT rose 4.79% to Rs 62.61 crore. Provision for interest up 16.67% to Rs 0.07 crore.
PBDT rose 4.77% to Rs 62.54 crore. Provision for depreciation down 2.80% to Rs 4.51 crore.
Profit before tax grew 5.41% to Rs 58.03 crore. Provision for tax was expense of Rs 14.84 crore, compared to Rs 14.13 crore. Effecti...
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