'Net sales (including other operating income) of International Combustion (India) for the quarter ended Mar 2024 has increased 25.59% to Rs 81.27 crore. Operating profit margin has declined from 10.06% to 9.65%, leading to 20.43% rise in operating profit to Rs 7.84 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 52.71% to 52.33%. Employee cost decreased from 19.79% to 18.37%. Other expenses rose from 17.02% to 19.27%.
Other income up 254.84% to Rs 1.1 crore. PBIDT rose 31.09% to Rs 8.94 crore. Provision for interest up 29.41% to Rs 0.66 crore. Loan funds rose to Rs 31.15 crore as of 31 March 2024 from Rs 13.12 crore as of 31 March 2023. Inventories rose to Rs 70.14 crore as of 31 March 2024 from Rs 53.28 crore as of 31 March 2023. Sundry debtors were higher at Rs 67.33 crore as of 31 March 2024 compared to Rs 46.49 crore as of 31 ...
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