Volume growth for auto business to outpace growth in the tractors business
Result table
(Rs m) | Q4 FY12 | Q4 FY11 | % yoy | Q3 FY12 | % qoq |
Net sales | 93,872 | 67,692 | 38.7 | 83,829 | 12.0 |
Material costs | (70,894) | (47,883) | 48.1 | (62,354) | 13.7 |
Personnel costs | (4,294) | (4,176) | 2.8 | (4,473) | (4.0) |
Other overheads | (8,990) | (6,928) | 29.8 | (6,772) | 32.7 |
Operating profit | 9,694 | 8,706 | 11.3 | 10,230 | (5.2) |
OPM (%) | 10.3 | 12.9 | (253) bps | 12.2 | (188) bps |
Depreciation | (1,997) | (1,171) | 70.6 | (1,408) | 41.8 |
Interest | (709) | (171) | 314.9 | (348) | 103.9 |
Other income | 956 | 716 | 33.5 | 667 | 43.4 |
Extra ordinary items | 1,083 | - | - | - | - |
PBT | 9,026 | 8,080 | 11.7 | 9,141 | (1.3) |
Tax | (281) | (2,015) | (86.1) | (2,519) | (88.8) |
Effective tax rate (%) | 3.1 | 24.9 | 27.6 | ||
Adjusted PAT | 8,745 | 6,065 | 44.2 | 6,622 | 32.1 |
Adj. PAT margin (%) | 9.3 | 9.0 | 36 bps | 7.9 | 142 bps |
Ann. EPS (Rs) | 59.5 | 48.1 | 23.8 | 48.5 | 22.6 |