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11-Feb-2024

Gujarat Themis Biosyn

Continue to operate at near full capacity


'Gujarat Themis Biosyn standalone net sales increased 37.95% to Rs 38.86 crore in Q3FY24 compared to Q3FY23. Operating profit margin has jumped from 42.99% to 45.68%, leading to 46.57% rise in operating profit to Rs 17.75 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 22.14% to 16.60%. Employee cost increased from 5.80% to 7.01%. Other expenses fell from 36.00% to 29.99%.   Stores consumed for sales fell from 3.99% to 2.82%.   Power and Oil fuel cost fell from 19.73% to 17.15%.  

Other income fell 44.75% to Rs 1 crore.  PBIDT rose 34.70% to Rs 18.75 crore.  Provision for interest up 14.29% to Rs 0.08 crore. 

PBDT rose 34.80% to Rs 18.67 crore.  Provision for depreciation rose 48.48% to Rs 0.98 crore.<...



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