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Net sales (including other operating income) of Duncan Engineering for the quarter ended Sep 2023 has declined 13.89% to Rs 16.00 crore. Operating profit margin has declined from 24.49% to 13.31%, leading to 53.19% decline in operating profit to Rs 2.13 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 52.47% to 52.97%. Employee cost increased from 15.30% to 22.87%. Other expenses rose from 8.54% to 11.13%. Other income up 25.64% to Rs 0.49 crore. PBIDT fell 46.96% to Rs 2.62 crore. Provision for interest up 33.33% to Rs 0.04 crore. PBDT fell 47.45% to Rs 2.58 crore. Provision for depreciation rose 16.67% to Rs 0.42 crore. Profit before tax down 52.53% to Rs 2.16 crore. Provision for tax was expense of Rs 0.55 crore, compared to Rs 1.22 crore. Effective tax rate was 25.46% compared to 26.81%. Prof...
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