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03-Nov-2023

Akzo Nobel India

OP up 33%


'Consolidated net sales of Akzo Nobel India have increased 3.25% to Rs 956.3 crore.  Operating profit margin has jumped from 11.49% to 14.83%, leading to 33.27% rise in operating profit to Rs 141.80 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 60.45% to 51.46%.   Purchase of finished goods cost rose from 2.34% to 5.49%.   Employee cost increased from 7.90% to 8.35%.   Other expenses rose from 18.16% to 20.40%.   

Other income rose 85.42% to Rs 8.9 crore.  PBIDT rose 35.52% to Rs 150.7 crore.  Provision for interest fell 20.59% to Rs 2.7 crore. 

PBDT rose 37.29% to Rs 148 crore.  Provision for depreciation rose 7.65% to R...



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