Revenue from operations stood at Rs 1,495.70 crore in the March 2024 quarter, registering a marginal decline on YoY basis.
Profit before tax declined 7.51% to Rs 247.79 crore during the quarter as against Rs 267.92 crore recorded in Q4 FY23.
During Q4 FY24, total expenses increased 3.96% YoY to Rs 1,286.72 crore. Cost of materials consumed was at Rs 970.79 crore (up 17.48% YoY), employee benefits expense was at Rs 65.19 crore (up 7.47% YoY) and finance costs stood at 11.73 crore (down 15.79 YoY) during the period under review.
On full year basis, the company’s consolidated net profit climbed 22% to Rs 622.79 crore on 13.07% increase in revenue from operations to Rs 5,059.10 crore in FY24 over FY23.
Meanwhile, the board has recommended dividend of Rs 14 per equity share ...
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