Transformers and Rectifiers has announced its third quarter results of FY10. Although sales were higher but higher raw material cost led to lower margins.
Profit after tax (PAT) shot up 30% to Rs 11.1 crore versus Rs 9.2 crore and revenues went up 34% to Rs 131.4 crore from Rs 97.8 crore.
Operating profit margin declined to 13.5% versus 15.4%.
Raw material cost went up to Rs 102.2 crore from Rs 70.16 crore and other income was lower at Rs 5 lakh as against Rs 1.36 crore.
Source: CNBC-TV18Courtesy moneycontrol.com
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