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Consolidated net sales (including other operating income) of Indag Rubber for the quarter ended Dec 2021 has declined 12.65% to Rs 45.93 crore. Operating profit margin has declined from 16.79% to 0.11%, leading to 99.43% decline in operating profit to Rs 0.05 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 60.78% to 71.66%. Purchase of finished goods cost fell from 0.38% to 0.07%. Employee cost increased from 9.75% to 12.23%. Other expenses rose from 13.28% to 15.89%. Other income rose 263% to Rs 3.63 crore. PBIDT fell 62.56% to Rs 3.68 crore. Provision for interest fell 50% to Rs 0.04 crore. PBDT fell 62.67% to Rs 3.64 crore. Provision for depreciation rose 78.41% to Rs 1.57 crore. Profit before tax down 76.66% to Rs 2.07 crore. Share of profit/loss was 95.45% higher at Rs -0.01 crore. Provisi...
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