'Consolidated net sales (including other operating income) of Salzer Electronics for the quarter ended Mar 2024 has increased 7.88% to Rs 326.57 crore. Operating profit margin has jumped from 8.15% to 10.13%, leading to 34.18% rise in operating profit to Rs 33.09 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 79.31% to 74.38%. Employee cost increased from 3.56% to 4.07%. Other expenses rose from 8.89% to 11.40%.
Other income fell 24.24% to Rs 0.25 crore. PBIDT rose 33.41% to Rs 33.34 crore. Provision for interest rose 17.82% to Rs 9.06 crore.
PBDT rose 40.35% to Rs 24.28 crore. Provision for depreciation rose 25.17% to Rs 5.42 crore.
Profit before tax grew 45.41% to Rs 18.86 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 5.54 crore, compared to Rs 3...
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