'Consolidated net sales (including other operating income) of Shivalik Bimetal Controls for the quarter ended Sep 2024 has declined 0.87% to Rs 126.65 crore. Operating profit margin has declined from 22.82% to 21.29%, leading to 7.51% decline in operating profit to Rs 26.97 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 56.23% to 56.42%. Employee cost increased from 7.78% to 9.52%. Other expenses fell from 14.02% to 12.85%.
Other income rose 31.91% to Rs 3.1 crore. PBIDT fell 4.57% to Rs 30.07 crore. Provision for interest fell 32.79% to Rs 0.82 crore. PBDT fell 3.43% to Rs 29.25 crore. Provision for depreciation fell 1.71% to Rs 2.87 crore.
Profit before tax down 3.62% to Rs 26.38 crore. Share of profit/loss was 137.50% higher at Rs 0.19 crore. Provision for tax was expense of Rs 6.63 crore, compared...
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