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Standalone net sales (including other operating income) of John Cockerill India for the quarter ended Sep 2023 has increased 348.62% to Rs 191.56 crore. Operating profit margin (OPM) has turned from negative 10.63% to positive 3.22%, Operating profit for the quarter stood at Rs 6.16 crore compared to loss of Rs 4.54 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 43.88% to 72.53%. Employee cost decreased from 32.69% to 8.89%. Other expenses fell from 33.91% to 15.38%.
Other income fell 18.96% to Rs 2.95 crore. PBIDT stood at Rs 9.11 crore compared to loss of Rs 0.9 crore. Provision for interest fell 47.83% to Rs 0.48 crore. PBDT stood at Rs 8.63 crore compared to loss of Rs 1.82 crore. Provision for depreciation rose 10.62% to Rs 1.25 crore. Profit before tax reported profit of Rs 7.38 crore compared to loss of Rs 2.95 crore....
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