Half yearly performance

Net sales (including other operating income) of Ingersoll-Rand (India) has increased 18.96% to Rs 527.17 crore.  Operating profit margin has jumped from 16.31% to 17.03%, leading to 24.26% rise in operating profit to Rs 89.80 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 60.73% to 61.03%.   Purchase of finished goods cost fell from 1.81% to 1.80%.   Employee cost decreased from 12.38% to 10.21%.   Other expenses rose from 9.25% to 9.82%.  Other income up 75.34% to Rs 10.31 crore.  PBIDT rose 28.10% to Rs 100.11 crore.  Provision for interest up 41.56% to Rs 1.09 crore.  PBDT rose 27.97% to Rs 99.02 crore.  Provision for depreciation rose 16.05% to Rs 7.81 crore.  Profit before tax grew 29.10% to Rs 91.21 crore.  Provision for tax was expense of Rs 23.64 crore, compared to Rs 18.33 crore.  Effective tax rate was 25.92% compared to 25.94%. Profit after tax rose 29.15% to Rs 67.57 crore.