'For quarter ending June 2024, consolidated Net sales (including other operating income) of Gabriel India has increased 17.47% to Rs 946.57 crore compared to quarter ended June 2023. Operating profit margin has jumped from 8.51% to 9.58%, leading to 32.34% rise in operating profit to Rs 90.72 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 73.64% to 72.78%. Purchase of finished goods cost fell from 1.31% to 1.01%. Employee cost increased from 6.12% to 6.46%. Other expenses fell from 10.48% to 10.01%.
Other income rose 35.99% to Rs 6.31 crore. PBIDT rose 32.57% to Rs 97.03 crore. Provision for interest rose 0.45% to Rs 2.24 crore.
PBDT rose 33.58% to Rs 94.79 crore. Provision for depreciation rose 36.54% to Rs 18.76 crore.
Profit before tax grew 32.87% to Rs 76.03 crore. Share of profit/los...
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