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Standalone net sales (including other operating income) of Indag Rubber for the quarter ended Jun 2022 has increased 79.20% to Rs 56.09 crore. Operating profit margin (OPM) has turned from negative 2.33% to positive 2.71%, Operating profit for the quarter stood at Rs 1.52 crore compared to loss of Rs 0.73 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 71.89% to 75.87%. Employee cost decreased from 15.18% to 8.66%. Other expenses fell from 15.04% to 12.81%.
Other income up 256.10% to Rs 1.46 crore. PBIDT stood at Rs 2.98 crore compared to loss of Rs 0.32 crore. Provision for interest fell 60% to Rs 0.02 crore.
PBDT stood at Rs 2.96 crore compared to loss of Rs 0.37 crore. Provision for depreciation rose 30.77% to Rs 1.02 crore.
Profit before tax reported profit of Rs 1.94 crore compared to loss o...
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