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30-May-2024

FDC

NP up 50.7%


'For the quarter ending March 2024, consolidated Net sales (including other operating income) of FDC has increased 6.26% to Rs 462.03 crore compared to quarter ended March 2023. Operating profit margin has jumped from 11.26% to 12.19%, leading to 15.05% rise in operating profit to Rs 56.33 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 32.39% to 30.37%.   Purchase of finished goods cost rose from 3.46% to 7.05%.   Employee cost decreased from 22.66% to 20.93%.   Other expenses fell from 30.30% to 30.23%.   

Other income rose 187.52% to Rs 20.27 crore.  PBIDT rose 36.76% to Rs 76.6 crore.  Provision for interest fell 18.10% to Rs 0.95 crore.  Loan funds declined from Rs 28.32 crore as of 31 March 2023 to Rs 20.52 crore as of 31 March 2024.  Inventories rose to Rs 388.89 crore as of 31 March 2024 from Rs 328.54 crore as of 31 March 2...



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