'Morganite
Crucible (India) standalone net sales increased 26.91% to Rs 41.36 crore in
Q3FY22 compared to Q3FY21. Operating
profit margin has jumped from 13.19% to 23.86%, leading to 129.53% rise in
operating profit to Rs 9.87 crore. Raw
material cost as a % of total sales (net of stock adjustments) decreased from
48.92% to 40.15%. Purchase of finished
goods cost fell from 3.50% to 1.59%.
Employee cost increased from 9.62% to 10.74%. Other expenses fell from 26.97% to
24.07%.
Other
income was down 35% to Rs 1.25 crore.
PBIDT rose 79% to Rs 11.12 crore.
Provision for interest remained nil.
PBDT rose 79% to Rs 11.12 crore.
Provision for depreciation rose 46% to Rs 2.09 crore.
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