'For the quarter ending Dec 2023, consolidated Net sales (including other operating income) of Banco Products (India) has increased 12.09% to Rs 570.64 crore compared to quarter ended Dec 2022.  Operating profit margin has declined from 27.51% to 15.61%, leading to 36.41% decline in operating profit to Rs 89.07 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 55.86% to 57.96%.   Employee cost increased from 8.86% to 10.87%.   Other expenses rose from 12.34% to 17.87%.   

Other income rose 878.51% to Rs 11.84 crore.  PBIDT fell 28.57% to Rs 100.91 crore.  Provision for interest rose 49% to Rs 3.74 crore.  

PBDT fell 29.98% to Rs 97.17 crore.  Provision for depreciation rose 28.55% to Rs 16.66 crore.  

Profit before tax down 36.01% to Rs 80.51 crore.  Share of profit/loss were nil in both the periods.  P...

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