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Standalone net sales (including other operating income) of Ingersoll-Rand (India) for the quarter ended Dec 2023 has increased 3.13% to Rs 329.21 crore. Operating profit margin has jumped from 20.51% to 22.72%, leading to 14.23% rise in operating profit to Rs 74.80 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 58.10% to 55.90%. Purchase of finished goods cost rose from 1.67% to 2.20%. Employee cost increased from 9.58% to 9.73%. Other expenses fell from 9.52% to 9.48%. Other income fell 2.81% to Rs 4.5 crore. PBIDT rose 13.11% to Rs 79.3 crore. Provision for interest fell 58.04% to Rs 0.47 crore. PBDT rose 14.26% to Rs 78.83 crore. Provision for depreciation rose 7.60% to Rs 4.53 crore. Profit before tax grew 14.70% to Rs 74.30 crore. Provision for tax was expense of Rs 19.22 crore, compared to Rs ...
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