'Consolidated net sales (including other operating income) of Sika Interplant Systems for the quarter ended Jun 2024 has increased 23.56% to Rs 30.42 crore. Operating profit margin has jumped from 16.49% to 20.22%, leading to 51.48% rise in operating profit to Rs 6.15 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 67.19% to 66.61%. Employee cost increased from 6.99% to 8.10%. Other expenses fell from 6.37% to 4.75%.
Other income rose 16.16% to Rs 1.15 crore. PBIDT rose 44.55% to Rs 7.3 crore. Loan funds remained nil. Inventories declined from Rs 5.82 crore as of 30 June 2023 to Rs 4.61 crore as of 30 June 2024. Sundry debtors were higher at Rs 29.29 crore as of 30 June 2024 compared to Rs 18.73 crore as of 30 June 2023. Cash and bank balance declined from Rs 33.34 crore as of 30 June 2023 to Rs 23.45 crore as of 30 June 2024. ...
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