'
For
the quarter ending March 2024, consolidated Net sales (including other operating income) of Talbros Automotive Components has increased 15.85% to Rs 202.68 crore compared to quarter ended March 2023.
Operating profit margin has jumped from 14.24% to 15.15%, leading to 23.19% rise in operating profit to Rs 30.70 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 53.70% to 51.39%. Purchase of finished goods cost fell from 0.86% to 0.71%. Employee cost increased from 10.20% to 10.49%. Other expenses rose from 20.72% to 22.18%.
Other income rose 148.96% to Rs 4.78 crore. PBIDT rose 32.19% to Rs 35.48 crore. Provision for interest fell 1.27% to Rs 3.12 crore. Loan funds rose to Rs 98.70 crore as of 31 March 2024 from Rs 86.89 crore as of 31 March 2023. Inventories declined from Rs 1...
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