'On consolidated basis
Quarter ended March 2025 compared with Quarter ended March 2024.
Net sales (including other operating income) of M M Forgings has declined 6.76% to Rs 370.63 crore. Operating profit margin has jumped from 19.51% to 19.66%, leading to 6.02% decline in operating profit to Rs 72.87 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 46.82% to 41.28%. Employee cost increased from 9.92% to 11.63%. Other expenses rose from 24.73% to 25.78%. Power and Oil fuel cost rose from 8.81% to 9.58%.
Other income rose 12.52% to Rs 6.47 crore. PBIDT fell 4.74% to Rs 79.34 crore. Provision for interest rose 2.86% to Rs 13.65 crore. Loan funds rose to Rs 1,051.38 crore as of 31 March 2025 from Rs 810.60 crore as of 31 March 2024. Inventories declined from Rs 344.91 crore as of 31 March 2024 to Rs 341.69 crore as of 31 March 2025. Sundry debtors were higher at Rs 372.60 crore as of 31 March 2025 co...
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