'Standalone net sales (including other
operating income) of High Energy Batteries (India) for the quarter ended Mar
2022 has increased 10.37% to Rs 25.65 crore. Operating profit margin
has declined from 37.44% to 31.19%, leading to 8.05% decline in operating
profit to Rs 8.00 crore. Raw material cost as a % of total sales
(net of stock adjustments) increased from 31.54% to 32.32%.
Employee cost increased from 14.72% to 20.48%. Other
expenses fell from 17.24% to 11.93%. Power and Oil fuel cost rose
from 1.01% to 1.41%. Other income up 33.33% to Rs 0.04
crore. PBIDT fell 7.90% to Rs 8.04 crore. Provision for
interest fell 32.39% to Rs 0.96 crore. PBDT fell 3.15% to Rs 7.08
crore. Provision for depreciation down 6.67% to Rs 0.28
crore. Profit before tax down 3% to Rs 6.80
crore. Provision for tax was expense of Rs 2.05 crore, compared to
Rs 1.87 crore.&nb...
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