'For the quarter ending Sept 2023, Standalone Net sales (including other operating income) of Igarashi Motors India has increased 2.71% to Rs 178.44 crore compared to quarter ended Sept 2022.  Sales of Automotive segment has gone down 4.89% to Rs 140.76 crore (accounting for 78.88% of total sales).  Sales of non-Automotive segment has gone up 46.38% to Rs 37.69 crore (accounting for 21.12% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 7.55% to Rs 17.83 crore.  PBIT of Automotive segment fell 2.47% to Rs 17.29 crore (accounting for 97.01% of total PBIT).  PBIT of non-Automotive reported profit of Rs 0.53 crore compared to loss of Rs 1.15 crore.  

PBIT margin of Automotive segment rose from 11.98% to 12.29%.  PBIT margin of non-Automotive segment rose from negative 4.48% to 1.42%.  Overall PBIT margin rose from 9.54% to 9.99%.  

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