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11-Aug-2023

Likhitha Infrastructure

Net up 17% on higher sales, higher OI and lower tax incidence


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Consolidated net sales (including other operating income) of Likhitha Infrastructure for the quarter ended Jun 2023 has increased 10.91% to Rs 90.2 crore.  Operating profit margin has declined from 23.35% to 23.22%, leading to 10.27% rise in operating profit to Rs 20.94 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 16.79% to 16.25%.   Employee cost decreased from 9.72% to 7.85%.   Other expenses rose from 51.47% to 57.33%.   Selling and administration expenses rose from 47.59% to 54.64%.   Construction development cost rose from 47.59% to 54.64%.   

Other income rose 106.25% to Rs 1.32 crore.  PBIDT rose 13.40% to Rs 22.26 crore.  Provision for interest rose 312.50% to Rs 0.66 crore.  

PBDT rose 10.94% to Rs 21.6 crore.  Provision for depreciation rose 54.84% to Rs 1.44 crore.  

Profit bef...



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