'Standalone net sales (including other operating income) of Duncan Engineering for the quarter ended Jun 2023 has declined 4.69% to Rs 15.64 crore. Operating profit margin has declined from 16.88% to 16.50%, leading to 6.86% decline in operating profit to Rs 2.58 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 56.54% to 51.80%. Employee cost increased from 17.85% to 21.21%. Other expenses rose from 8.68% to 11.54%.
Other income up 100% to Rs 0.58 crore. PBIDT rose 3.27% to Rs 3.16 crore. Provision for interest up 50% to Rs 0.03 crore.
PBDT rose 2.96% to Rs 3.13 crore. Provision for depreciation rose 28.12% to Rs 0.41 crore.
Provision for tax was expense of Rs 0.7 crore, compared to Rs 0.7 crore. Effective tax rate was 25.74% compared to 25.74%.
Promoters’ stake was 74.56% as of 30 June 2023 ,compared ...
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