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08-Feb-2024

NDR Auto Components

NP up 50.35%


'For the quarter ending Dec 2023, consolidated Net sales (including other operating income) of NDR Auto Components has increased 32.67% to Rs 140.27 crore compared to quarter ended Dec 2022. Operating profit margin has jumped from 7.06% to 9.23%, leading to 73.46% rise in operating profit to Rs 12.94 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 76.32% to 76.90%.   Employee cost decreased from 3.31% to 2.98%.   Other expenses fell from 13.57% to 10.95%.   

Other income fell 38.93% to Rs 0.8 crore.  PBIDT rose 56.67% to Rs 13.74 crore.  Provision for interest rose 37.74% to Rs 0.73 crore.  

PBDT rose 57.89% to Rs 13.01 crore.  Provision for depreciation rose 46.59% to Rs 3.87 crore.  

Profit before tax grew 63.21% to Rs 9.14 crore.  Share of profit/loss was 21.83% higher at Rs 1.73 crore.  Provision ...



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