'Consolidated
net sales (including other operating income) of Kansai Nerolac Paints has
increased 2.07% to Rs 1769.39 crore.
Operating profit margin has jumped from 9.70% to 10.12%, leading to
6.48% rise in operating profit to Rs 179.01 crore. Raw material cost as a % of total sales (net
of stock adjustments) decreased from 62.33% to 60.13%. Purchase of finished goods cost rose from
6.11% to 6.76%. Employee cost increased
from 5.75% to 6.31%. Other expenses
rose from 16.21% to 17.05%.
Other
income rose 235.36% to Rs 32.53 crore.
PBIDT rose 18.96% to Rs 211.54 crore.
Provision for interest rose 3.24% to Rs 7.02 crore. Loan funds declined from Rs 287.04 crore as
of 31 March 2023 to Rs 276.42 crore as of 31 March 2024....
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(18-Nov-2024)
Bharat Forge
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