'On consolidated basis
Quarter ended September 2024 compared with Quarter ended September 2023.
Net sales (including other operating income) of M M Forgings has increased 0.41% to Rs 398.26 crore. Operating profit margin has jumped from 18.79% to 19.32%, leading to 3.25% rise in operating profit to Rs 76.95 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 48.54% to 44.79%. Employee cost increased from 8.92% to 9.90%. Other expenses rose from 24.49% to 27.34%. Power and Oil fuel cost fell from 9.45% to 8.90%.
Other income rose 73.84% to Rs 7.11 crore. PBIDT rose 6.92% to Rs 84.06 crore. Provision for interest rose 84.32% to Rs 16.11 crore. Loan funds rose to Rs 1,098.70 crore as of 30 September 2024 from Rs 709.84 crore as of 30 September 2023. Inventories rose to Rs 394.59 crore as of 30 September 20...
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