'Consolidated net sales (including other operating income) of Elecon Engineering Company for the quarter ended Sep 2024 has increased 4.79% to Rs 508.14 crore.
Operating profit margin has declined from 24.49% to 22.10%, leading to 5.42% decline in operating profit to Rs 112.30 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 43.93% to 47.66%. Employee cost decreased from 9.38% to 9.06%. Other expenses rose from 21.19% to 21.32%. Other direct service cost fell from 8.49% to 7.44%.
Other income fell 9.24% to Rs 11.39 crore. PBIDT fell 5.79% to Rs 123.69 crore. Provision for interest fell 16.73% to Rs 2.19 crore. PBDT fell 5.57% to Rs 121.5 crore. Provision for depreciation fell 1.13% to Rs 13.13 crore. Profit before tax down 6.08% to Rs 108.37 crore. Share of profit/loss was 21.23% higher ...
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