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15-May-2025

Ratnaveer Precision Engineering

Net jumps 91% on good operating show


'Standalone net sales (including other operating income) of Ratnaveer Precision Engineering has increased 42.99% to Rs 203.11 crore.  Operating profit margin has jumped from 3.16% to 8.24%, leading to 272.83% rise in operating profit to Rs 16.74 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 91.19% to 84.11%.   Employee cost increased from 0.77% to 0.88%.   Other expenses rose from 5.53% to 7.53%.   Other income fell 65.09% to Rs 1.62 crore.  PBIDT rose 101.10% to Rs 18.36 crore.  Provision for interest fell 97.98% to Rs 0.04 crore.   PBDT rose 156.22% to Rs 18.32 crore.  Provision for depreciation rose 315.29% to Rs 6.52 crore.     Profit before tax grew 111.47% to Rs 11.80 crore.  Provision for tax was debit of Rs 1.09 crore, compared to credit of Rs 0.03 crore.  Effective tax rate was 9.24% compared to negative 0.54%. Pro...



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