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30-Apr-2024

Vesuvius India

Strong performance


'Standalone Net sales (including other operating income) of Vesuvius India has increased 23.22% to Rs 453.35 crore.  Operating profit margin has jumped from 14.95% to 20.95%, leading to 72.61% rise in operating profit to Rs 94.97 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 39.52% to 33.32%.   Purchase of finished goods cost rose from 19.24% to 21.21%.   Employee cost decreased from 6.80% to 6.09%.   Other expenses fell from 19.60% to 18.52%.  

Other income fell 24.88% to Rs 8.03 crore.  PBIDT rose 56.75% to Rs 103 crore.  Provision for interest remained nil. 

PBDT rose 56.31% to Rs 102.71 crore.  Provision for depreciation rose 37.84% to Rs 10.49 crore.&nbs...



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