'Tega Industries consolidated net sales increased 14.57% to Rs 340.2 crore
in Q3FY24 compared to Q3FY23. Sales of
Consumables segment has gone down 3.79% to Rs 285.69 crore (accounting for
83.55% of total sales).
Profit before interest, tax and other unallocable items (PBIT) has slumped
16.68% to Rs 56.07 crore.
PBIT of
Consumables segment fell 26.58% to Rs 49.41 crore (accounting for 88.12% of
total PBIT).
PBIT margin of Consumables segment fell from 22.66% to 17.29%.
Overall PBIT margin fell from 22.66% to
16.40%.
Operating profit margin has declined from 22.66% to 16.49%, leading to
16.64% decline in operating profit to Rs 56.09 crore.
Raw material cost as a % of total sales (net
of stock adjustments) increased from 44.13% to 46.53%. Employee cost increase...
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