'Standalone net sales (including other
operating income) of Foseco India has increased 3.36% to Rs 125.01 crore. Operating profit margin has jumped from
15.09% to 18.83%, leading to 28.99% rise in operating profit to Rs 23.54
crore. Raw material cost as a % of total
sales (net of stock adjustments) increased from 50.69% to 50.87%. Purchase of finished goods cost rose from
3.36% to 4.08%. Employee cost decreased
from 12.16% to 9.48%. Other expenses
fell from 18.88% to 17.46%.
Other income fell 28.24% to Rs 4.04
crore.
PBIDT rose 15.49% to Rs 27.58
crore. Provision for interest remained
nil. Loan funds remained nil. Inventories rose to Rs 36.69 crore as of 30
June 2024 from Rs 32.59 crore as of 30 June 202...
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