'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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