'Standalone net sales (including other operating income) of Cords Cable Industries for the quarter ended Sep 2024 has increased 25.89% to Rs 182.95 crore. Operating profit margin has jumped from 6.12% to 6.24%, leading to 28.46% rise in operating profit to Rs 11.42 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 81.11% to 81.44%. Employee cost decreased from 5.02% to 4.63%. Other expenses fell from 7.82% to 7.81%.
Other income fell 76.25% to Rs 0.62 crore. PBIDT rose 4.70% to Rs 12.04 crore. Provision for interest fell 4.46% to Rs 6.42 crore.
PBDT rose 17.57% to Rs 5.62 crore. Provision for depreciation rose 5.05% to Rs 2.08 crore. Profit before tax grew 26.43% to Rs 3.54 crore. Provision for tax was expense of Rs 0.91 crore, compared to Rs 0.76 crore. Effective tax rate was 25.71% compared to 27.14%....
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