'Consolidated net sales (including other operating income) of Veljan Denison for the quarter ended Jun 2024 has increased 15.17% to Rs 36.9 crore. Operating profit margin has declined from 27.68% to 22.57%, leading to 6.09% decline in operating profit to Rs 8.33 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 36.63% to 38.13%. Employee cost increased from 10.28% to 10.52%. Other expenses rose from 27.53% to 29.09%. Contract job process charges rose from 13.91% to 14.91%.
Other income rose 14.29% to Rs 0.72 crore. PBIDT fell 4.74% to Rs 9.05 crore. Provision for interest fell 60% to Rs 0.08 crore.
PBDT fell 3.55% to Rs 8.97 crore. Provision for depreciation rose 7.58% to Rs 1.42 crore.
Profit before tax down 5.39% to Rs 7.55 crore. Share of profit/loss were nil in both the periods. Pro...
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