'Standalone net sales (including other operating income) of Honda India Power Products for the quarter ended Jun 2023 has increased 4.95% to Rs 209.96 crore. Operating profit margin has jumped from 2.85% to 9.67%, leading to 256.32% rise in operating profit to Rs 20.31 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 61.26% to 53.16%. Purchase of finished goods cost rose from 8.27% to 12.40%. Employee cost decreased from 13.98% to 12.51%. Other expenses fell from 14.41% to 13.90%.
Other income up 31.65% to Rs 7.57 crore. PBIDT rose 143.49% to Rs 27.88 crore. Provision for interest fell 16.67% to Rs 0.05 crore.
PBDT rose 144.34% to Rs 27.83 crore. Provision for depreciation rose 3.73% to Rs 5.01 crore.
Profit before tax grew 247.87% to Rs 22.82 crore. Provision for tax was expense of Rs 5.92...
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