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17-May-2024

Endurance Technologies

OP up 36.44% and NP up 53.99%


'For the quarter ending March 2024, consolidated net sales (including other operating income) of Endurance Technologies has increased 20.16% to Rs 2684.78 crore compared to quarter ended March 2023.Operating profit margin has jumped from 12.77% to 14.50%, leading to 36.44% rise in operating profit to Rs 389.40 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 58.31% to 55.28%.   Purchase of finished goods cost rose from 0.54% to 0.75%.   Employee cost decreased from 9.47% to 8.65%.   Other expenses rose from 18.75% to 20.48%.   

Other income rose 27.47% to Rs 26.54 crore.  PBIDT rose 35.83% to Rs 415.94 crore.  Provision for interest rose 61.65% to Rs 12.9 crore.  Loan funds rose to Rs 765.34 crore as of 31 March 2024 from Rs 514.76 crore as of 31 March 2023.  Inventories rose to Rs 872.21 crore as of 31 March 2024 from Rs 820.58 crore as...



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