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Consolidated net sales (including other operating income) of Pennar Industries for the quarter ended Jun 2024 has declined 2.06% to Rs 733.45 crore. Operating profit margin has jumped from 8.27% to 9.76%, leading to 15.57% rise in operating profit to Rs 71.57 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 63.05% to 59.76%. Purchase of finished goods cost rose from 0.57% to 0.75%. Employee cost decreased from 10.31% to 10.28%. Other expenses rose from 18.15% to 19.52%.
Other income fell 36.90% to Rs 7.44 crore. PBIDT rose 7.18% to Rs 79.01 crore. Provision for interest fell 2.91% to Rs 27.04 crore.
PBDT rose 13.30% to Rs 51.97 crore. Provision for depreciation rose 0.73% to Rs 16.54 crore.
Profit before tax grew 20.31% to Rs 35.43 crore. Share of profit/loss were nil in bot...
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