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14-Feb-2024

Mazda

Net up 25% largely on higher sales


'Standalone net sales (including other operating income) of Mazda for the quarter ended Dec 2023 has increased 24.61% to Rs 53.97 crore.  Sales of Food Divison segment has gone up 4.76% to Rs 6.93 crore (accounting for 12.84% of total sales).  Sales of Engineering Division segment has gone up 28.19% to Rs 47.04 crore (accounting for 87.16% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 9.38% to Rs 13.14 crore.  PBIT of Food Divison segment fell 94.19% to Rs 0.09 crore (accounting for 0.67% of total PBIT).  PBIT of Engineering Division segment rose 24.38% to Rs 13.06 crore (accounting for 99.33% of total PBIT).  

PBIT margin of Food Divison segment fell from 22.98% to 1.27%.  PBIT margin of Engineering Division segment fell from 28.61% to 27.75%.  Overall PBIT margin fell from 27.75% to 24.35%.  

Operating profit margin has declined from 19.8...



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