'On consolidated basis
Quarter ended September 2024 compared with Quarter ended September 2023.
Net sales (including other operating income) of Eicher Motors has increased 3.61% to Rs 4263.07 crore. Operating profit margin has declined from 26.42% to 25.51%, leading to 0.05% rise in operating profit to Rs 1,087.72 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 53.07% to 52.33%. Purchase of finished goods cost rose from 2.88% to 4.12%. Employee cost increased from 7.12% to 7.62%. Other expenses rose from 11.65% to 12.02%.
Other income rose 29.22% to Rs 353.78 crore. PBIDT rose 5.92% to Rs 1441.5 crore. Provision for interest rose 3.63% to Rs 13.14 crore. Loan funds declined from Rs 416.16 crore as of 30 September 2023 to Rs 403.86 crore as of 30 September 2024. Inventories rose to Rs 1,792.25 crore a...
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Net up 55% on higher sales, higher OI, lower interest and tax incidence
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