- Sales for the period was up by 2% Rs 50.11 crore. The value of production (VOP) for the period was also up by 2% to Rs 51.27 crore. Sales was about 0.98 times of its VOP and in corresponding previous period the sales was 0.98 times of its VOP. Sales lower than VOP is reflective of inventory build-up which will get liquidated going forward.
- OPM expanded by 50 bps to 11.9% and that is largely due to lower material cost, which more than offset the rise in all other cost heads. The material cost was down by 300 bps to 19.5%. The cost of traded goods was up by 40 bps to 36.1%, the staff cost was up by 110 bps to 13.4% and manufacturing cost was up by 50 bps to 8.5%. The OE was up by 60 bps to 10.9%.
Half yearly performance
Consolidated sales was up by 3% to Rs 94.66 crore and that together with 30 bps expansion in OPM to 10.8%, the operating profit was up by 6% to Rs 10.18 crore. After accounting for higher OI, higher interest and lower depreciation, the PBT was up by 6% to Rs 9.46 crore. The PAT was eventually lower by 2% to Rs 6.33 crore after accounting for 26% increase in taxation to Rs 3.13 crore.
Ador Fontech : Consolidated Results
|1909 (3)||1809 (3)||Var. (%)||1909 (6)||1809 (6)||Var. (%)||1903 (12)||1803 (12)||Var. (%)|
|PBT after EO||5.54||5.30||5||9.46||8.95||6||16.29||10.89||50|
|* EPS is on current equity of Rs 7.0 crore, Face value of Rs 2|
# EPS is not annualised due to seasonality of business
Figures in Rs crore
Source: Capitaline Corporate Database
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