'Standalone net sales (including other operating income) of Mazda for the quarter ended Mar 2024 has declined 13.98% to Rs 57.55 crore. Operating profit margin has declined from 22.62% to 21.01%, leading to 20.09% decline in operating profit to Rs 12.09 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 50.73% to 43.21%. Employee cost increased from 9.09% to 12.68%. Other expenses rose from 17.56% to 19.92%. Contract job process charges rose from 6.14% to 7.69%. Other income up 221.31% to Rs 1.96 crore. PBIDT fell 10.74% to Rs 14.05 crore. Provision for interest fell 6.25% to Rs 0.15 crore. PBDT fell 10.78% to Rs 13.9 crore. Provision for depreciation rose 7.37% to Rs 1.02 crore. Profit before tax down 11.96% to Rs 12.88 crore. Provision for tax was expense of Rs 3.51 crore, compared to Rs 4 crore. Effective tax rate was 27....
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