'For
the quarter ending March 2023, consolidated Net sales (including other operating income) of Eicher Motors has increased 19.13% to Rs 3804.32 crore compared to quarter ended Mar 2022. Operating profit margin has jumped from 23.71% to 24.54%, leading to 23.33% rise in operating profit to Rs 933.65 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 54.97% to 51.84%. Purchase of finished goods cost fell from 3.15% to 2.40%. Employee cost increased from 6.66% to 6.84%. Other expenses rose from 12.51% to 13.59%. Other income rose 74.13% to Rs 205.51 crore. PBIDT rose 30.18% to Rs 1139.16 crore. Provision for interest rose 160.70% to Rs 8.16 crore. Loan funds rose to Rs 288.41 crore as of 31 March 2023 from Rs 107.71 crore as of 31 March 2022. Inventories rose to Rs 1,278.44 crore as of 31 March 2023 from Rs 1,132.40 crore...
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