Other income stood at Rs 58 lakh compared to Rs 1.54 crore. Interest cost was Rs 39 lakh compared to Rs 74 lakh. Depreciation rose 5% to Rs 6.8 crore. PBT was up 25% to Rs 51.91 crore.

Tax expenses were up 37% to Rs 13.35 crore owing to which the company's net profit reported was up 21% to Rs 38.56 crore. Further considering minority interest, Bottomline of the company increased 20% to Rs 37.19 crore.

Consolidated performance for the half year ended Sep20

For year ended Sep20, net sales rose 4% to Rs 443.99 crore. The company operating margins increased 230 bps to 47.7%. As a result operating profits rose 9% to Rs 110.24 crore.

Other income rose 124% to Rs 5.82 crore. Interest cost was down 46% to Rs 84 lakh. Depreciation rose 6% to Rs 13.52 crore. PBT was up 14% to Rs 101.69 crore.

The effective tax rate increased to 27.9% from 26.1% owing to which the company's net profit rose 11% at Rs 73.36 crore. Further considering minority interest, Bottomline of the company rose 11% to Rs 71.44 crore.

The scrip is currently trading at Rs 330