'Net sales (including other operating income)
of Veedol Corporation has increased 6.93% to Rs 509.23 crore.
Operating profit margin has jumped from 9.69%
to 10.42%, leading to 14.99% rise in operating profit to Rs 53.07 crore.
Raw material cost as a % of total sales (net
of stock adjustments) decreased from 48.95% to 47.42%. Purchase of finished goods cost rose from
10.62% to 11.14%. Employee cost
increased from 7.14% to 8.06%. Other
expenses fell from 23.79% to 22.72%.
Other direct service cost fell from 12.52% to 12.12%.
Other income rose 13.61% to Rs 3.84
crore.
PBIDT rose 14.90% to Rs 56.91
crore. Provision for interest fell
47.46% to Rs 0.62 crore. Loan funds
declined from Rs 27.3...
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