'For the quarter ending Sept
2023, consolidated Net sales (including other operating income) of Federal-Mogul Goetze (India) has increased 2.97% to Rs 442.12 crore compared to quarter ended Sept 2022. Operating profit margin has jumped from 12.50% to 14.15%, leading to 16.60% rise in operating profit to Rs 62.58 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 39.21% to 37.77%. Purchase of finished goods cost fell from 1.07% to 0.34%. Employee cost increased from 20.32% to 20.93%. Other expenses rose from 26.52% to 26.81%. Other income rose 65.47% to Rs 6.47 crore. PBIDT rose 19.92% to Rs 69.05 crore. Provision for interest rose 3.33% to Rs 1.24 crore. Loan funds declined from Rs 8.65 crore as of 30 September 2022 to Rs 8.57 crore as of 30 September 2023. Inventories rose to Rs 209.54 crore as of 30 September 2023 from R...
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