• Sales of Equipments and Automation segment has gone up 30.86% to Rs 24.64 crore (accounting for 14.11% of total sales).  Sales of Flares & Process Equipment Division segment has gone up 11.28% to Rs 10.46 crore (accounting for 5.99% of total sales).  Inter-segment sales rose Rs 0.30 crore to Rs 0.35 crore.  
• Profit before interest, tax and other unallocable items (PBIT) has jumped 140.25% to Rs 19.46 crore.  PBIT of Consumables segment rose 19.83% to Rs 17.95 crore (accounting for 92.24% of total PBIT).  PBIT of Equipments and Automation segment fell 18.11% to Rs 1.04 crore (accounting for 5.34% of total PBIT).  PBIT of Flares & Process Equipment Division reported profit of Rs 0.47 crore compared to loss of Rs 8.15 crore.  
• PBIT margin of Consumables segment fell from 13.98% to 12.86%.  PBIT margin of Equipments and Automation segment fell from 6.74% to 4.22%.  PBIT margin of Flares & Process Equipment Division segment rose from negative 86.70% to 4.49%.  Overall PBIT margin rose from 5.98% to 11.14%.  

 Nine month performance  

Net sales (including other operating income) of Ador Welding has increased 61.60% to Rs 461.67 crore.  Sales of Consumables segment has gone up 60.61% to Rs 369.69 crore (accounting for 79.85% of total sales).  Sales of Equipments and Automation segment has gone up 62.51% to Rs 72.01 crore (accounting for 15.55% of total sales).  Sales of Flares & Process Equipment Division segment has gone up 82.68% to Rs 21.30 crore (accounting for 4.60% of total sales).  Inter-segment sales rose Rs 0.46 crore to Rs 1.33 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 756.06% to Rs 47.34 crore.  PBIT of Consumables segment rose 37.15% to Rs 42.01 crore (accounting for 88.74% of total PBIT).  PBIT of Equipments and Automation segment rose 619.32% to Rs 6.33 crore (accounting for 13.37% of total PBIT).  PBIT of Flares & Process Equipment Division segment rose 96.15% to Rs -1.00 crore (accounting for -2.11% of total PBIT).  

PBIT margin of Consumables segment fell from 13.31% to 11.36%.  PBIT margin of Equipments and Automation segment rose from 1.99% to 8.79%.  PBIT margin of Flares & Process Equipment Division segment rose from negative 222.81% to negative 4.69%.  Overall PBIT margin rose from 1.93% to 10.22%.  

Operating profit margin has jumped from 1.50% to 8.82%, leading to 851.17% rise in operating profit to Rs 40.71 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 72.68% to 64.69%.   Purchase of finished goods cost rose from 1.15% to 7.88%.   Employee cost decreased from 9.18% to 7.52%.   Other expenses fell from 15.52% to 11.56%.   

Other income fell 19.07% to Rs 3.99 crore.  PBIDT rose 385.34% to Rs 44.7 crore.  Provision for interest fell 39.18% to Rs 2.98 crore.  

PBDT rose 867.98% to Rs 41.72 crore.  Provision for depreciation down 3.73% to Rs 8.01 crore.  Profit before tax reported profit of Rs 33.71 crore compared to loss of Rs 4.01 crore.  Provision for tax was debit of Rs 9.03 crore, compared to credit of Rs 1.43 crore.  Effective tax rate was 22.01% compared to 35.66%.Profit after tax reported profit of Rs 31.99 crore compared to loss of Rs 2.58 crore.  

Promoters’ stake was 56.90% as of 31 December 2021 ,compared to 56.85% as of 31 December 2020 .