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14-Aug-2024

Fluidomat

Net jumps 53% on strong operating show


'Standalone net sales (including other operating income) of Fluidomat for the quarter ended Jun 2024 has increased 24.12% to Rs 15.59 crore.  Operating profit margin has jumped from 26.91% to 33.42%, leading to 54.14% rise in operating profit to Rs 5.21 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 37.41% to 32.99%.   Employee cost decreased from 20.81% to 19.46%.   Other expenses rose from 13.87% to 14.05%.   

Other income up 13.56% to Rs 0.67 crore.  PBIDT rose 48.11% to Rs 5.88 crore.  Provision for interest remained nil.  

PBDT rose 48.11% to Rs 5.88 crore.  Provision for depreciation rose 10.53% to Rs 0.21 crore.  

Profit before tax grew 50% to Rs 5.67 crore.  Provision for tax was expense of Rs 1.43 crore, compared to Rs 1.01 crore.  Effective tax rate was 25.22% compared to 26.72%.

Profit after tax...



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