'Standalone net sales (including other operating income) of Kennametal India for the quarter ended Jun 2024 has increased 5.98% to Rs 287.00 crore.
Operating profit margin has declined from 15.77% to 14.15%, leading to 4.92% decline in operating profit to Rs 40.60 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 28.22% to 28.15%. Purchase of finished goods cost fell from 26.51% to 25.13%. Employee cost increased from 13.75% to 14.38%. Other expenses rose from 16.00% to 18.27%.
Other income up 45.45% to Rs 3.2 crore. PBIDT fell 2.45% to Rs 43.8 crore. Provision for interest remained nil. PBDT fell 1.35% to Rs 43.8 crore. Provision for depreciation rose 3.64% to Rs 11.4 crore. Profit before tax down 2.99% to Rs 32.40 crore. Provision for tax was expense of Rs 10.2 crore, compared to Rs 8.5...
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