'Standalone net sales (including other operating income) of Indag Rubber for the quarter ended Sep 2022 has increased 39.12% to Rs 63.26 crore. Operating profit margin has declined from 2.90% to 1.93%, leading to 7.58% decline in operating profit to Rs 1.22 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 72.12% to 74.42%. Purchase of finished goods cost fell from 0.17% to 0.09%. Employee cost decreased from 10.76% to 9.41%. Other expenses fell from 14.12% to 13.95%.
Other income up 178.67% to Rs 2.09 crore. PBIDT rose 59.90% to Rs 3.31 crore. Provision for interest fell 60% to Rs 0.02 crore. PBDT rose 62.87% to Rs 3.29 crore. Provision for depreciation rose 29.63% to Rs 1.05 crore. Profit before tax grew 85.12% to Rs 2.24 crore. Provision for tax was expense of Rs 0.53 crore, compared to Rs 0.29 crore. ...
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