Standalone net sales (including other operating income) of Sreeleathers for the quarter ended Dec 2022 has increased 15.05% to Rs 47.33 crore.  Operating profit margin has declined from 21.24% to 18.91%, leading to 2.40% rise in operating profit to Rs 8.95 crore.  Purchase of finished goods cost fell from 73.00% to 72.91%.   Employee cost increased from 2.22% to 3.50%.   Other expenses fell from 4.20% to 3.65%.   Other income fell 25% to Rs 0.12 crore.  PBIDT rose 1.91% to Rs 9.07 crore.  Provision for interest up 22.22% to Rs 0.11 crore.  PBDT rose 1.70% to Rs 8.96 crore.  Provision for depreciation rose 38.46% to Rs 0.36 crore.  Profit before tax grew 0.58% to Rs 8.60 crore.  Provision for tax was expense of Rs 2.19 crore, compared to Rs 2.2 crore.  Effective tax rate was 25.47% compared to 25.73%. Profit after tax rose 0.94% to Rs 6.41 crore.  

Net sales (including other operating income) of Sreeleathers has increased 74.56% to Rs 151.36 crore.  Operating profit margin has declined from 20.72% to 17.32%, leading to 45.91% rise in operating profit to Rs 26.22 crore.  Purchase of finished goods cost rose from 71.90% to 75.00%.   Employee cost decreased from 3.08% to 2.95%.   Other expenses rose from 4.49% to 4.69%.   Other income up 7.32% to Rs 0.44 crore.  PBIDT rose 45.05% to Rs 26.66 crore.  Provision for interest up 26.92% to Rs 0.33 crore.  PBDT rose 45.31% to Rs 26.33 crore.  Provision for depreciation rose 17.95% to Rs 0.92 crore.  Profit before tax grew 46.54% to Rs 25.41 crore.  Provision for tax was expense of Rs 6.52 crore, compared to Rs 4.49 crore.  Effective tax rate was 25.66% compared to 25.89%. Profit after tax rose 47% to Rs 18.89 crore.