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08-Aug-2024

NDR Auto Components

NP up 39.93%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of NDR Auto Components has increased 34.22% to Rs 171.31 crore compared to quarter ended June 2023.  Operating profit margin has jumped from 9% to 9.74%, leading to 45.26% rise in operating profit to Rs 16.69 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 76.60% to 77.03%.   Employee cost decreased from 3.17% to 2.89%.   Other expenses fell from 11.20% to 10.28%.   

Other income fell 38.76% to Rs 0.79 crore.  PBIDT rose 36.78% to Rs 17.48 crore.  Provision for interest rose 14.49% to Rs 0.79 crore.  

PBDT rose 38.05% to Rs 16.69 crore.  Provision for depreciation rose 12.89% to Rs 3.94 crore.  

Profit before tax grew 48.26% to Rs 12.75 crore.  Share of profit/loss was 2.59% higher at Rs 1.98 crore.  Provision for tax w...



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