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Standalone net sales (including other operating income) of Honda India Power Products has declined 3.20% to Rs 313.30 crore. Operating profit margin has jumped from 7.12% to 8.95%, leading to 21.69% rise in operating profit to Rs 28.05 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 54.45% to 52.65%. Purchase of finished goods cost fell from 7.66% to 7.08%. Employee cost decreased from 9.50% to 9.08%. Other expenses rose from 20.77% to 20.92%. Other income up 62.75% to Rs 4.98 crore. PBIDT rose 26.50% to Rs 33.03 crore. Provision for interest up 46.43% to Rs 0.41 crore. PBDT rose 26.29% to Rs 32.62 crore. Provision for depreciation rose 32.10% to Rs 6.05 crore. Profit before tax grew 25.04% to Rs 26.57 crore. EO Exp was Rs 17.5 crore against nil. Thus PBT after EO was down 57% Rs 9.07 crore. Provision ...
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