'For
the quarter ending March 2024, consolidated Net sales (including other operating income) of Bata India has increased 2.48% to Rs 797.87 crore compared to quarter ended March 2023. Operating profit margin has declined from 23.38% to 22.85%, leading to 0.12% rise in operating profit to Rs 182.28 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 7.70% to 7.31%. Purchase of finished goods cost fell from 38.16% to 36.47%. Employee cost increased from 12.37% to 12.49%. Other expenses rose from 20.09% to 22.37%. Other income rose 120.32% to Rs 21.9 crore. PBIDT rose 6.34% to Rs 204.18 crore. Provision for interest rose 13.78% to Rs 30.96 crore. Loan funds rose to Rs 1,357.29 crore as of 31 March 2024 from Rs 1,246.45 crore as of 31 March 2023. Inventories rose to Rs 929.55 crore as of 31 March 2024 from Rs 904.56 crore as ...
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