'Consolidated net sales (including other operating income) of Wendt India for the quarter ended Dec 2023 has increased 6.59% to Rs 54.5 crore. Operating profit margin has declined from 26.66% to 24.33%, leading to 2.71% decline in operating profit to Rs 13.26 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 26.48% to 30.53%. Purchase of finished goods cost rose from 5.80% to 6.93%. Employee cost decreased from 18.18% to 17.22%. Other expenses fell from 22.67% to 21.56%. Other income rose 2.25% to Rs 1.82 crore. PBIDT fell 2.14% to Rs 15.08 crore. Provision for interest remained nil. PBDT fell 2.14% to Rs 15.08 crore. Provision for depreciation rose 7.14% to Rs 2.1 crore. Profit before tax down 3.49% to Rs 12.98 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 3.38 crore, c...
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