'Archean
Chemical Industries consolidated net sales increased 13.07% to Rs 412.63 crore
during Q3FY24 compared to Q3FY23. Operating profit margin has declined from
43.83% to 35.25%, leading to 9.07% decline in operating profit to Rs 145.45
crore. Raw material cost as a % of total
sales (net of stock adjustments) increased from 2.37% to 2.65%. Employee cost decreased from 6.96% to
4.85%. Other expenses rose from 48.62%
to 53.78%.
Other
income rose 23.69% to Rs 9.24 crore.
PBIDT fell 7.60% to Rs 154.69 crore.
Provision for interest fell 90.22% to Rs 1.9 crore.
PBDT
rose 3.24% to Rs 152.79 crore.
Provision
for depreciation rose 4.99% to Rs 17.66 crore.
Profit
before tax grew 3.01% to Rs 135....
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