'Consolidated net sales (including other operating income) of Wendt India for the quarter ended Sep 2024 has increased 9.14% to Rs 55.66 crore. Operating profit margin has declined from 24.41% to 22.76%, leading to 1.77% rise in operating profit to Rs 12.67 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 26.65% to 30.36%. Purchase of finished goods cost fell from 7.92% to 6.07%. Employee cost decreased from 19.67% to 18.57%. Other expenses rose from 21.43% to 23.44%. Other income rose 66.47% to Rs 2.78 crore. PBIDT rose 9.42% to Rs 15.45 crore. Provision for interest remained nil. Provision for depreciation rose 6.57% to Rs 2.27 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 2.47 crore, compared to Rs 3.04 crore. Effective tax rate was 18.77% compared to 25.35%. Minor...
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