'Gujarat State
Petronet consolidated net sales increased 9.78% to Rs 4389.08 crore in Q3FY24
compared to Q3FY23.
Operating profit
margin has declined from 21.51% to 17.93%, leading to 8.48% decline in
operating profit to Rs 787.02 crore. Raw
material cost as a % of total sales (net of stock adjustments) increased from
68.54% to 71.67%. Employee cost
decreased from 1.86% to 1.56%. Other
expenses rose from 8.11% to 8.84%.
Other direct service cost rose from 1.35% to 2.25%.
Other income rose
1.63% to Rs 42.39 crore. PBIDT fell
8.01% to Rs 829.41 crore. Provision for
interest fell 9.38% to Rs 13.82 crore.
PBDT fell 7.99% to Rs
815.59 crore. Provision for depreciation
rose 6.63% to Rs 168.28 crore.
Profit before tax
down 11.15% to Rs 647.31 crore.
Provision for tax was expense of Rs 164.53 crore, compared to Rs 188.15
crore. Effective tax rate was 24.90%
com...
Pleaselogin & subscribe to view the full report.
More Reports
|
|