'Consolidated net sales (including other
operating income) of Tide Water Oil Co (I) has increased 1.08% to Rs 478.87
crore.
Operating profit margin has jumped from 8.13%
to 8.65%, leading to 7.45% rise in operating profit to Rs 41.40 crore.
Raw material cost as a % of total sales (net
of stock adjustments) decreased from 57.43% to 52.90%. Purchase of finished goods cost rose from
7.40% to 7.68%. Employee cost decreased
from 7.30% to 6.19%. Other expenses
rose from 19.74% to 24.91%. Other
direct service cost rose from 10.51% to 12.58%.
Other income rose 63.94% to Rs 7.82
crore.
PBIDT rose 13.67% to Rs 49.22
crore. Provision for interest rose
112.50% to Rs 0.68 crore. ...
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