'For
quarter ended Dec 2023, consolidated Net sales (including other operating income) of Syngene International has increased 8.60% to Rs 853.5 crore compared to quarter ended Dec 2022. Operating profit margin has declined from 29.39% to 27.12%, leading to 0.22% rise in operating profit to Rs 231.50 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 27.29% to 28.06%. Employee cost decreased from 26.44% to 25.79%. Other expenses rose from 17.30% to 19.11%. Other income rose 70.35% to Rs 29.3 crore. PBIDT rose 5.08% to Rs 260.8 crore. Provision for interest fell 21.17% to Rs 10.8 crore.
PBDT rose 6.61% to Rs 250 crore. Provision for depreciation rose 14.27% to Rs 108.1 crore.
Profit before tax grew 1.43% to Rs 141.90 crore. Share of profit/loss were nil in both the periods. Provision for t...
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Consolidated capex spend was Rs 3,087 crore
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Robust physical performance
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Sales up 11% and NP increased 13.93%
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