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Explanation: Power Fuel Cost refers to the expenses incurred by a company for the consumption of fuel used in its operations, particularly for powering machinery, equipment, vehicles, or facilities. This cost is a component of the company’s total operating expenses and is crucial for industries that heavily rely on energy-intensive processes or transportation.
Example: In FY23, Maruti Suzuki incurred Power Fuel Cost of 790 crore rupees. This expense represents the amount spent by the company on fuel required for various operational activities, such as powering manufacturing plants, operating vehicles for logistics, or running other facilities. Monitoring changes in Power Fuel Cost helps stakeholders understand Maruti Suzuki’s operational efficiency and cost management strategies, particularly in response to fluctuations in fuel prices or changes in energy consumption patterns.
You can view the quarterly and annual value of Power Fuel Cost for any company on Radar in the Quarterly Results or Yearly P/L sections.