'For the quarter ending March
2024, consolidated Net sales (including other operating income) of Federal-Mogul Goetze (India) has increased 4.42% to Rs 427.81 crore compared to quarter ended March 2023. Operating profit margin has jumped from 13.03% to 16.92%, leading to 35.64% rise in operating profit to Rs 72.39 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 39.51% to 35.60%. Purchase of finished goods cost fell from 1.17% to 0.81%. Employee cost increased from 21.94% to 22.02%. Other expenses rose from 24.63% to 24.90%. Other income rose 13.22% to Rs 8.99 crore. PBIDT rose 32.74% to Rs 81.38 crore. Provision for interest rose 30.77% to Rs 1.36 crore. Loan funds declined from Rs 8.30 crore as of 31 March 2023 to Rs 7.87 crore as of 31 March 2024. Inventories declined from Rs 195.73 crore as of 31 March 2023 to Rs 19...
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