'Standalone net sales (including other operating income) of Ador Welding for the quarter ended Jun 2023 has increased 20.11% to Rs 189.63 crore. Operating profit margin has declined from 10.29% to 8.47%, leading to 1.05% decline in operating profit to Rs 16.07 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 65.76% to 63.16%. Purchase of finished goods cost rose from 3.72% to 7.20%. Employee cost increased from 7.77% to 8.44%. Other expenses fell from 13.49% to 13.22%. Other income up 48.77% to Rs 3.02 crore. PBIDT rose 4.49% to Rs 19.09 crore. Provision for interest up 73.17% to Rs 0.71 crore. PBDT rose 2.91% to Rs 18.38 crore. Provision for depreciation rose 21.01% to Rs 3.34 crore. Profit before tax down 0.40% to Rs 15.04 crore. Provision for tax was expense of Rs 3.8 crore, compared to Rs 3.44 crore. Effec...
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