Other income fell 17% to Rs 9.18 crore compared to Rs 11.06 crore in the corresponding previous year quarter. Interest cost was nil. Depreciation fell 8% to Rs 9.4 crore. PBT fell 9% to Rs 99.73 crore.  

Tax expense was down 6% to Rs 26 crore. Net profit fell 10% to Rs 73.71 crore compared to Rs 81.48 crore.

Performance for nine months ended Dec'20 

For nine months ended Dec'20, net sales fell 12% to Rs 832.86 crore compared to corresponding previous year period. Operating margins of the company rose 370 bps to 37.5% leading a 2% decrease in operating profit to Rs 312.32 crore. Other income rose 1% to Rs 35.47 crore. Interest cost was nil. Depreciation fell 6% to Rs 27.22 crore. PBT as a result fell 2% to Rs 320.57 crore. Tax expense was down 11% to Rs 82.61 crore. Net profit rose 2% to Rs 237.96 crore. 

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