'Standalone net sales (including other operating income) of Duncan Engineering for the quarter ended Mar 2023 has increased 8.97% to Rs 18.47 crore. Operating profit margin has declined from 21.18% to 15.97%, leading to 17.83% decline in operating profit to Rs 2.95 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 55.73% to 53.37%. Employee cost increased from 15.27% to 17.66%. Other expenses rose from 7.61% to 12.28%. Other income up 76.19% to Rs 0.37 crore. PBIDT fell 12.63% to Rs 3.32 crore. Provision for interest up 166.67% to Rs 0.08 crore. PBDT fell 14.06% to Rs 3.24 crore. Provision for depreciation rose 29.03% to Rs 0.4 crore. Profit before tax down 17.92% to Rs 2.84 crore. Provision for tax was expense of Rs 0.66 crore, compared to Rs 0.9 crore. Effective tax rate was 23.24% compared to 26.01%. Profit after tax fell...
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