Nine month performance
Sales were higher by 36% to Rs 570.05 crore. Higher sale, together with 200 bps expansion in OPM, facilitated 68% growth at operating profit to Rs 59.64 crore. The other income was lower by 42% to Rs 22.44 crore and thus the PBIDT was up by just 11% to Rs 82.08 crore. After accounting for higher interest and depreciation the PBT was up by 11% to Rs 76.59 crore. With taxation stand higher by 51% to Rs 23.93 crore, the PAT was lower by 1% to Rs 52.67 crore.
The stock hovers around Rs 987.30.