'Vesuvius India
standalone net sales increased 19.64% to Rs 416.79 crore in Q3FY24 compared to
Q3FY23. Operating profit margin has jumped from 11.35% to 19.20%, leading to
102.40% rise in operating profit to Rs 80.01 crore. Raw material cost as a % of total sales (net
of stock adjustments) decreased from 38.21% to 36.93%. Purchase of finished goods cost fell from
22.80% to 18.86%. Employee cost
decreased from 7.16% to 6.75%. Other
expenses fell from 20.61% to 18.77%.
Other income up
13.68% to Rs 7.48 crore.
PBIDT rose
89.74% to Rs 87.49 crore. Provision for
interest remained nil.
PBDT rose 89.11% to
Rs 87.2 crore. Provision for
depreciation rose 22.18% to Rs 10.74 crore.
Profit before tax
g...
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