'On consolidated basis
Quarter ended September 2024 compared with Quarter ended September 2023.
Net sales (including other operating income) of SKF India has increased 10.58% to Rs 1244.23 crore. Operating profit margin has declined from 11.02% to 9.95%, leading to 0.12% decline in operating profit to Rs 123.83 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 25.67% to 23.91%. Purchase of finished goods cost rose from 39.93% to 44.31%. Employee cost decreased from 7.59% to 6.48%. Other expenses rose from 15.66% to 15.84%.
Other income rose 32.23% to Rs 23.47 crore. PBIDT rose 3.93% to Rs 147.3 crore. Provision for interest fell 62.50% to Rs 0.18 crore. Loan funds declined from Rs 14.59 crore as of 30 September 2023 to Rs 10.21 crore as of 30 September 2024. Inventories rose to Rs 824.77 crore as of 30...
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