'Consolidated net sales (including other operating income) of Transformers & Rectifiers India for the quarter ended Jun 2023 has declined 48.20% to Rs 155.57 crore. Operating profit margin has declined from 7.55% to 2.81%, leading to 80.74% decline in operating profit to Rs 4.37 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 70.43% to 76.31%. Purchase of finished goods cost fell from 7.26% to 3.61%. Employee cost increased from 3.27% to 3.93%. Other expenses rose from 9.84% to 14.32%. Other income rose 7.23% to Rs 1.78 crore. PBIDT fell 74.74% to Rs 6.15 crore. Provision for interest rose 49.12% to Rs 15.21 crore. PBDT stood at a loss of Rs 9.06 crore compared to profit of Rs 21.7 crore. Provision for depreciation rose 50.86% to Rs 6.17 crore. Profit before tax reported loss of Rs 15.23 crore compared to profit of Rs 10.0...
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