'Consolidated net sales (including other
operating income) of Tide Water Oil Co (I) has increased 3.60% to Rs 486.82
crore. Operating profit margin has
jumped from 8.69% to 9.70%, leading to 15.73% rise in operating profit to Rs
47.24 crore. Raw material cost as a % of
total sales (net of stock adjustments) decreased from 59.71% to 54.74%. Purchase of finished goods cost fell from
8.85% to 6.55%. Employee cost decreased
from 7.19% to 6.91%. Other expenses
rose from 15.36% to 22.23%. Other
direct service cost rose from 10.14% to 11.29%.
Other income rose 91.55% to Rs 8.16
crore.
PBIDT rose 22.89% to Rs 55.4
crore. Provision for interest fell 9.68%
to Rs 0.28 crore. Loan funds declined
from Rs 4.58 crore as of ...
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