'Standalone net sales (including other operating income) of John Cockerill for the quarter ended Dec 2023 India has increased 20.35% to Rs 253.90 crore. Operating profit margin has jumped from 3.62% to 5.01%, leading to 66.49% rise in operating profit to Rs 12.72 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 71.78% to 77.32%. Employee cost decreased from 6.66% to 6.47%. Other expenses fell from 18.00% to 11.19%.
Other income fell 46.99% to Rs 2.55 crore. PBIDT rose 22.65% to Rs 15.27 crore. Provision for interest up 2,675% to Rs 1.11 crore.
PBDT rose 14.10% to Rs 14.16 crore. Provision for depreciation rose 11.50% to Rs 1.26 crore.
Profit before tax grew 14.36% to Rs 12.90 crore. Provision for tax was debit of Rs 2.58 crore, compared to credit of Rs 0.1 crore. Effective tax rate was 20....
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