Other income fell 12.50% to Rs 0.14 crore.  PBIDT rose 25.74% to Rs 2.98 crore.  Provision for interest up 25% to Rs 0.1 crore.  PBDT rose 25.76% to Rs 2.88 crore.  Provision for depreciation rose 10.61% to Rs 0.73 crore.   Profit before tax grew 31.90% to Rs 2.15 crore.  Provision for tax was expense of Rs 0.55 crore, compared to Rs 0.4 crore.  Effective tax rate was 25.58% compared to 24.54%. Profit after tax rose 30.08% to Rs 1.60 crore.  

Half yearly performance

Net sales has increased 21.89% to Rs 50.44 crore.  Operating profit margin has declined from 15.20% to 12.39%, leading to 0.64% decline in operating profit to Rs 6.25 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 43.25% to 48.89%.   Employee cost increased from 3.81% to 3.84%.   Other expenses fell from 38.59% to 35.22%.   Other income fell 53.97% to Rs 0.29 crore.  PBIDT fell 5.49% to Rs 6.54 crore.  Provision for interest remained nil.  PBDT fell 5.64% to Rs 6.36 crore.  Provision for depreciation rose 12.21% to Rs 1.47 crore.  Profit before tax down 9.94% to Rs 4.89 crore.  Provision for tax was expense of Rs 1.33 crore, compared to Rs 1.47 crore.  Effective tax rate was 27.20% compared to 27.07%. Profit after tax fell 10.10% to Rs 3.56 crore.