'Mishra
Dhatu Nigam consolidated net sales declined 6.53% to Rs 323.29 crore in Q4FY22
compared to Q4FY21. Operating profit margin has jumped from 29.81% to 37.71%,
leading to 18.22% rise in operating profit to Rs 121.91 crore. Raw material
cost as a % of total sales (net of stock adjustments) increased from 12.87% to
27.87%. Employee cost decreased from 12.58% to 9.14%. Other expenses fell from
36.52% to 28.37%.
Other
income rose 97.36% to Rs 15.69 crore.
PBIDT rose 23.89% to Rs 137.6 crore. Provision for interest rose 448.91%
to Rs 15.04 crore.
PBDT
rose 13.14% to Rs 122.56 crore.
Provision for depreciation rose 77.68% to Rs 12.1 crore.
Profit
before tax grew 8.81% to Rs 110.46 crore.
Share of profit/loss was 22.22% lower at Rs 0.07 crore. Provision for tax was expense of Rs 29.47
c...
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