'Rolex
Rings standalone net sales declined 11.07% to Rs 273.31 crore during Q3FY24
compared to Q3FY23. Operating profit margin has declined from 22.26% to 19.26%,
leading to 23.05% decline in operating profit to Rs 52.65 crore. Raw material cost as a % of total sales (net
of stock adjustments) increased from 51.46% to 51.80%. Employee cost increased from 4.88% to
5.90%. Other expenses rose from 20.72%
to 23.61%.
Other
income fell 32.50% to Rs 4.57 crore.
PBIDT fell 23.90% to Rs 57.22 crore.
Provision for interest fell 89.64% to Rs 0.37 crore.
PBDT
fell 20.62% to Rs 56.85 crore.
Provision
for depreciation rose 1.64% to Rs 6.82 crore.
Profit
before tax down 22.92% to Rs 50.03 crore.
&n...
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