'Consolidated net sales (including other operating income) of Avantel for the quarter ended Sep 2024 has increased 42.50% to Rs 77.42 crore. Operating profit margin has declined from 45.92% to 44.81%, leading to 39.04% rise in operating profit to Rs 34.69 crore.
Raw material cost as a % of total sales (net of stock adjustments) increased from 25.86% to 29.85%. Employee cost increased from 16.13% to 18.62%. Sharp rise in employee cost is largely as it include Rs 3.6748 crore on account of ESOP, 2023 for the quarter ending September 30, 2024 Other expenses fell from 12.36% to 11.35%.
Other income rose 22.50% to Rs 0.49 crore. PBIDT rose 38.78% to Rs 35.18 crore. Provision for interest fell 52.32% to Rs 0.72 crore. PBDT rose 44.55% to Rs 34.46 crore. Provision for depreciation rose 80.49% to Rs 2.96 crore.
Profit before tax grew 41.89% to Rs ...
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