'Consolidated net sales (including other operating income) of AIA Engineering for the quarter ended Jun 2024 has declined 17.72% to Rs 1019.97 crore. Operating profit margin has jumped from 27.67% to 28.32%, leading to 15.80% decline in operating profit to Rs 288.85 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 41.36% to 42.83%. Employee cost increased from 3.41% to 4.23%. Other expenses fell from 26.42% to 26.35%. Power and Oil fuel cost fell from 7.89% to 7.57%. Freight charges rose from 5.72% to 5.79%.
Other income rose 37.81% to Rs 82.01 crore. PBIDT fell 7.87% to Rs 370.86 crore. Provision for interest fell 14.93% to Rs 6.38 crore.
PBDT fell 7.74% to Rs 364.48 crore. Provision for depreciation rose 4.58% to Rs 25.36 crore.
Profit before tax down 8.54% to Rs 339.12 crore. Share...
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