Nine Month performance
Sales were lower by 5% to Rs 483.42 crore. Lower sales together with 150 bps fall in OPM have resulted in 7% fall in operating profit to Rs 281.07 crore. After accounting for lower other income, lower interest and depreciation cost, the PBT (before EO) was down by 8% to Rs 232.79 crore.
EO income for the quarter as well previous period was nil. After accounting for higher taxation (up 22% to RS 82.92 crore) the PAT was down by 18% to Rs 149.87 crore.