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16-Oct-2024

KEI Industries

Growth in NP restricted to 10% as OPM eases by 70 bps


'Consolidated net sales (including other operating income) of KEI Industries for the quarter ended Jun 2024 has increased 17.21% to Rs 2279.65 crore.  


Operating profit margin has declined from 10.40% to 9.68%, leading to 9.10% rise in operating profit to Rs 220.60 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 75.84% to 77.25%.   Purchase of finished goods cost rose from 0.01% to 0.07%.   Employee cost decreased from 3.27% to 3.07%.   Other expenses fell from 10.92% to 10.49%.   Expenses from contract rose from 1.07% to 1.31%.   

Other income rose 81.65% to Rs 16.93 crore.  PBIDT rose 12.30% to Rs 237.53 crore.  Provision for interest rose 77.03% to Rs 13.33 crore.  

PBDT rose 9.91% to Rs 224.2 crore.  Provision for depreciation rose 4.95% to Rs 16.33 crore.  

Profit before tax grew 10.32% to...



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