Performance for the 9 months ended Dec 18

For the 9 months ended Dec18, net sales stood at Rs 547.76 crore up by 11% on YoY basis. OPM improved by 500 bps to 14.8% resulting in OP growth of 72% to Rs 80.87 crore. Other income was down by 50% to Rs 26.50 crore due to return of surplus cash through special dividend. Interest expense stood at Rs 0.12 crore and depreciation was lower by 12% to Rs 8.51 crore. This has resulted in a PBT of Rs 98.74 crore up by 9% YoY. After providing total tax of Rs 34.64 crore up by 24% YoY, PAT for 9 months ended Dec 18 stood at Rs 64.10 crore, up by 3% YoY.