'Consolidated net sales (including other operating income) of Wendt India for the quarter ended Jun 2024 has declined 4.29% to Rs 49.06 crore. Operating profit margin has declined from 24.19% to 21.48%, leading to 15% decline in operating profit to Rs 10.54 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 26.14% to 23.98%. Purchase of finished goods cost rose from 6.63% to 10.58%. Employee cost increased from 18.06% to 20.25%. Other expenses fell from 25.14% to 23.50%. Other income rose 7.73% to Rs 1.95 crore. PBIDT fell 12.10% to Rs 12.49 crore. Provision for interest remained nil. PBDT fell 12.10% to Rs 12.49 crore. Provision for depreciation rose 6.31% to Rs 2.19 crore. Profit before tax down 15.23% to Rs 10.30 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 2.62 ...
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