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26-Jul-2024

Vesuvius India

OP up 31%


'Standalone net sales (including other operating income) of Vesuvius India has increased 14.16% to Rs 462.42 crore.  Operating profit margin has jumped from 17.22% to 19.81%, leading to 31.37% rise in operating profit to Rs 91.62 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 38.31% to 36.62%.   Purchase of finished goods cost fell from 18.39% to 18.24%.   Employee cost decreased from 6.16% to 5.95%.   Other expenses fell from 20.09% to 19.52%.  

Other income up 18.50% to Rs 9.93 crore.  PBIDT rose 29.99% to Rs 101.55 crore.  Provision for interest remained nil.  Loan funds remained nil.  Inventories rose to Rs 256.83 crore as of 30 June 2024 from Rs 230.62 crore as of 30 June 2023.  Sund...



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