Topline increased by 19.1% on the back of 13% sales volume growth over the corresponding quarter on a YoY basis.
A slightly lower increase of 14% in expenditure resulted in an improved EBITDA margin of 42.5% for the quarter as against 39.9% in the corresponding quarter last year
Bottomline grew by 39% YoY on the back of higher other income, steady depreciation and absence of interest costs.
(Rs m) | 1QFY07 | 1QFY08 | Change |
Net sales | 1,358 | 1,618 | 19.1% |
Expenditure | 816 | 930 | 14.0% |
Operating profit (EBDITA) | 541 | 687 | 27.0% |
EBDITA margin (%) | 39.9% | 42.5% | |
Other income | 22 | 40 | 85.3% |
Interest (net) | - | - | |
Depreciation | 150 | 156 | 4.0% |
Profit before tax | 413 | 571 | 38.3% |
Tax | 137 | 187 | 36.9% |
Profit after tax/(loss) | 276 | 384 | 39.0% |
Net profit margin (%) | 20.4% | 23.8% | |
No. of shares (m) | 140.0 | 140.0 | |
Diluted earnings per share (Rs)* | 7.9 | 11.0 | |
Price to earnings ratio (x)** | 10.7 |