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04-Feb-2025

Sharda Motor Industries

Sales and NP remain unchanged


'On consolidated basis

Quarter ended December 2024 compared with Quarter ended December 2023.

Net sales (including other operating income) of Sharda Motor Industries has increased 0.13% to Rs 689.99 crore.  Operating profit margin has jumped from 13.69% to 13.70%, leading to 0.19% rise in operating profit to Rs 94.51 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 72.79% to 72.34%.   Purchase of finished goods cost fell from 2.21% to 1.93%.   Employee cost increased from 5.30% to 5.39%.   Other expenses rose from 6.00% to 6.90%.   

Other income fell 3.96% to Rs 20.88 crore.  PBIDT fell 0.59% to Rs 115.39 crore.  Provision for interest fell 38.30% to Rs 0.58 crore.  

PBDT fell 0.28% to Rs 114.81 crore.  Provision for depreciation rose 9.23% to Rs 14.8 crore.  

Profit before tax down 1.55% to R...



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