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08-Aug-2023

Mayur Uniquoters

Flat sales, OP up 13%


'Mayur Uniquoters consolidated net sales increased 0.25% to Rs 200.94 crore in Q1FY24 compared to Q1FY23.  Operating profit margin has jumped from 17.38% to 19.61%, leading to 13.12% rise in operating profit to Rs 39.41 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 61.65% to 58.04%.   Employee cost increased from 4.57% to 5.40%.   Other expenses rose from 16.87% to 17.06%.  

Other income rose 78.19% to Rs 8.09 crore.  PBIDT rose 20.62% to Rs 47.5 crore.  Provision for interest rose 86.49% to Rs 0.69 crore. 

PBDT rose 19.99% to Rs 46.81 crore.  Provision for depreciation rose 38.48% to Rs 7.09 crore. 

Profit before tax grew 17....



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