'Tide Water Oil Co (I) consolidated net sales
declined 0.12% to Rs 496.45 crore in Q3FY24 compared to Q3FY23. Operating
profit margin has jumped from 6.78% to 8.38%, leading to 23.40% rise in
operating profit to Rs 41.61 crore. Raw
material cost as a % of total sales (net of stock adjustments) decreased from
59.71% to 55.90%. Purchase of finished
goods cost rose from 6.02% to 6.22%.
Employee cost increased from 6.12% to 7.52%. Other expenses rose from 21.31% to
21.94%. Other direct service cost rose
from 9.57% to 11.09%.
Other income rose 8.45% to Rs 3.98
crore.
PBIDT rose 21.93% to Rs 45.59
crore. Provision for interest rose
142.86% to Rs 0.85 crore.
PBDT rose 20.79% to Rs 4...
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