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  • JANUARY 20, 2000

Margins under pressure

While the turnover for Supreme Industries in the third quarter has grown by only 1.7% as compared to the corresponding period last year, the operating margins have declined by around 1.5%. While interest costs have declined the increase in depreciation balances the benfit of lower interest. Consequently, net profits are down 9%.

(Rs m) 3QFY2000 3QFY1999 Change
Net Sales 1,427.5 1,400.6 1.9%
Other Income 10.6 8.4 26.0%
Expenditure 1,225.5 1,184.4 3.5%
Interest 93.5 107.0 -12.6%
Depreciation 63.7 56.7 12.3%
Profit before Tax 55.5 61.0 -9.0%
Profit after Tax 55.5 61.0 -9.1%
Net profit margin 3.9% 4.4%  

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