Nine-month performance
Standalone sales for the quarter was up by 7% to Rs 522.98 crore and with OPM expand by 260 bps to 13.7%, the operating profit was up by 32% to Rs 71.87 crore. The PBT was up by 17% to Rs 71.64 crore largely hit by lower OI and higher depreciation. The EO was nil compared to an income of Rs 0.68 crore in the corresponding previous period. Thus the PBT after EO was up by 18% to Rs 71.64 crore. With taxation lower by 6% to Rs 18.30 crore the PAT was up by 29% to Rs 53.34 crore.
The stock hovers around Rs 1615.35.