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31-Jan-2023

Tega Industries

OP up 32%


'Consolidated net sales (including other operating income) of Tega Industries has increased 15.18% to Rs 296.93 crore in Q3FY23 compared to Q3FY22.  Operating profit margin has jumped from 19.78% to 22.66%, leading to 31.94% rise in operating profit to Rs 67.29 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 43.75% to 44.13%.   Employee cost increased from 13.39% to 13.57%.   Other expenses fell from 23.37% to 19.21%.  

Other income rose 191.99% to Rs 10.57 crore.  PBIDT rose 42.55% to Rs 77.86 crore.  Provision for interest rose 109.47% to Rs 5.09 crore. 

PBDT rose 39.43% to Rs 72.77 crore.  Provision for depreciation rose 16.67% to Rs 10.36 crore. 



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