'Standalone net sales (including other operating income) of Sreeleathers for the quarter ended Sep 2023 has increased 1.96% to Rs 60.28 crore.  Operating profit margin has jumped from 16.07% to 20.04%, leading to 27.16% rise in operating profit to Rs 12.08 crore.  Purchase of finished goods cost fell from 76.30% to 74.59%.   Employee cost increased from 2.43% to 2.59%.   Other expenses fell from 5.77% to 3.37%.   Other income fell 21.05% to Rs 0.15 crore.  PBIDT rose 26.21% to Rs 12.23 crore.  Provision for interest up 27.27% to Rs 0.14 crore.   PBDT rose 26.20% to Rs 12.09 crore.  Provision for depreciation rose 21.43% to Rs 0.34 crore.  Profit before tax grew 26.34% to Rs 11.75 crore.  Provision for tax was expense of Rs 3.02 crore, compared to Rs 2.42 crore.  Effective tax rate was 25.70% compared to 26.02%. Profit after tax rose 26.89% to Rs 8.73 crore.  

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