'Timken
India standalone net sales increased 24.65% to Rs 695.40 crore in Q2FY23
compared to Q2FY22. Operating profit
margin has declined from 22.19% to 19%, leading to 6.70% rise in operating
profit to Rs 132.10 crore. Raw material
cost as a % of total sales (net of stock adjustments) increased from 31.71% to
41.79%. Purchase of finished goods cost
fell from 25.57% to 19.23%. Employee
cost decreased from 6.03% to 5.41%.
Other expenses fell from 15.28% to 14.97%.
Other
income up 465.79% to Rs 21.5 crore.
PBIDT rose 20.38% to Rs 153.6 crore.
Provision for interest up 25% to Rs 0.5 crore.
PBDT
rose 20.36% to Rs 153.1 crore.
Provision
for depreciation rose 5.85% to R...
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