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Consolidated net sales (including other operating income) of Indag Rubber for the quarter ended Dec 2021 has declined 3.30% to Rs 44.23 crore. Operating profit margin has declined from 6.36% to 0.38%, leading to 94.16% decline in operating profit to Rs 0.17 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 65.21% to 72.77%. Purchase of finished goods cost rose from 0.11% to 0.13%. Employee cost decreased from 12.00% to 11.61%. Other expenses fell from 16.41% to 15.14%. Other income rose 956.25% to Rs 1.69 crore. PBIDT fell 39.41% to Rs 1.86 crore. Provision for interest fell 50% to Rs 0.03 crore. Loan funds remained nil. Inventories rose to Rs 39.22 crore as of 31 March 2022 from Rs 35.99 crore as of 31 March 2021. Sundry debtors were lower at Rs 22.60 crore as of 31 March 2022 compared to Rs 29.46 crore as ...
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