'Net sales (including other operating income)
of Veedol Corporation has increased 7.26% to Rs 513.62 crore.
Operating profit margin has jumped from 8.65%
to 11.44%, leading to 41.96% rise in operating profit to Rs 58.77 crore.
Raw material cost as a % of total sales (net
of stock adjustments) increased from 52.90% to 52.96%. Purchase of finished goods cost fell from
7.68% to 5.21%. Employee cost increased
from 6.19% to 7.35%. Other expenses
fell from 24.91% to 23.21%. Other
direct service cost fell from 12.58% to 12.27%.
Other income fell 26.47% to Rs 5.75
crore.
PBIDT rose 31.08% to Rs 64.52
crore. Provision for interest fell
10.29% to Rs 0.61 crore.
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