'For quarter ending June 2024, consolidated Net sales (including other operating income) of Sona BLW Precision Forgings has increased 21.85% to Rs 891.18 crore compared to quarter ended June 2023. Operating profit margin has jumped from 27.70% to 27.98%, leading to 23.06% rise in operating profit to Rs 249.31 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 43.76% to 42.74%. Employee cost increased from 6.64% to 8.50%. Other expenses fell from 22.22% to 20.90%.
Other income rose 43.25% to Rs 8.81 crore. PBIDT rose 23.65% to Rs 258.12 crore. Provision for interest rose 61.42% to Rs 8.62 crore.
PBDT rose 22.66% to Rs 249.5 crore. Provision for depreciation rose 18.74% to Rs 60.63 crore.
Profit before tax grew 23.97% to Rs 188.87 crore. Share of profit/loss were nil in both the periods. Provisi...
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