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Consolidated net sales (including other operating income) of Crompton Greaves Consumer Electricals for the quarter ended Dec 2023 has increased 11.64% to Rs 1692.69 crore. Operating profit margin has declined from 10.05% to 8.85%, leading to 1.70% decline in operating profit to Rs 149.80 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 23.75% to 23.30%. Purchase of finished goods cost rose from 42.69% to 45.04%. Employee cost decreased from 9.13% to 8.39%. Other expenses rose from 14.06% to 14.65%. Other income fell 21.74% to Rs 16.67 crore. PBIDT fell 4.16% to Rs 166.47 crore. Provision for interest fell 26.82% to Rs 21.53 crore. PBDT rose 0.46% to Rs 144.94 crore. Provision for depreciation rose 9.43% to Rs 32.48 crore. Profit before tax down 1.86% to Rs 112.46 crore. Share of profit/loss were nil in both the periods.&n...
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