'For quarter ending June 2024, standalone Net sales (including other operating income) of Samkrg Pistons & Rings has increased 5.18% to Rs 57.29 crore compared to quarter ended June 2023. Operating profit margin has jumped from 9.22% to 12.25%, leading to 39.84% rise in operating profit to Rs 7.02 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 55.04% to 50.97%. Employee cost increased from 20.06% to 21.88%. Other expenses rose from 14.97% to 15.24%. Stores consumed for sales rose from 1.58% to 1.69%. Power and Oil fuel cost fell from 8.83% to 8.54%.
Other income up 57.14% to Rs 0.33 crore. PBIDT rose 40.54% to Rs 7.35 crore. Provision for interest up 56.25% to Rs 1.25 crore.
PBDT rose 37.70% to Rs 6.1 crore. Provision for depreciation rose 18.33% to Rs 3.55 crore.
Profit before tax grew 7...
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