For year-to-date (YTD) results analysis
Net sales (including other operating income) of Voltamp Transformers for the half year ended Sep 2023 has increased 19.70% to Rs 703.58 crore. Operating profit margin has jumped from 14.06% to 16.60%, leading to 41.28% rise in operating profit to Rs 116.77 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 79.28% to 73.69%. Employee cost increased from 3.02% to 3.35%. Other expenses rose from 5.54% to 7.47%.
Other income up 163.96% to Rs 40.94 crore. PBIDT rose 60.67% to Rs 157.71 crore. Provision for interest up 25% to Rs 0.55 crore. PBDT rose 60.83% to Rs 157.16 crore. Provision for depreciation rose 9.76% to Rs 5.06 crore. Profit before tax grew 63.36% to Rs 152.10 crore. Provision for tax was expense of Rs 32.88 crore, compared to Rs 20.49 crore. Effective tax rate was 21.62% compared to 22.01%. Profit after tax rose 64.17% to Rs 119.22 crore.
Others
Equity capital stood at Rs 10.12 crore as of 30 September 2023 to Rs 10.12 crore as of 30 September 2022. Per share face Value remained same at Rs 10.00.
Promoters’ stake was 38.00% as of 30 September 2023 ,compared to 50.00% as of 30 September 2022 .