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IRM Energy (NSE:IRMENERGY) Gross-Profit-to-Asset % : 17.38% (As of Mar. 2024)


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What is IRM Energy Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. IRM Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹2,254 Mil. IRM Energy's average Total Assets over the quarter that ended in Mar. 2024 was ₹12,966 Mil. Therefore, IRM Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 17.38%.


IRM Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for IRM Energy's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IRM Energy Gross-Profit-to-Asset % Chart

IRM Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
30.71 54.61 29.73 23.35

IRM Energy Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.66 28.49 29.23 28.52 17.38

Competitive Comparison of IRM Energy's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, IRM Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IRM Energy's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, IRM Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where IRM Energy's Gross-Profit-to-Asset % falls into.



IRM Energy Gross-Profit-to-Asset % Calculation

IRM Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=2439.94/( (7929.02+12966.19)/ 2 )
=2439.94/10447.605
=23.35 %

IRM Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2253.72/( (0+12966.19)/ 1 )
=2253.72/12966.19
=17.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


IRM Energy Gross-Profit-to-Asset % Related Terms

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IRM Energy (NSE:IRMENERGY) Business Description

Traded in Other Exchanges
Address
S.G. Highway, Corporate Park, Near Sola Bridge, 4th Floor, Block 8, Magnet, Thaltej, Ahmedabad, GJ, IND, 380054
IRM Energy Ltd is a gas distribution company. It is involved in developing, operating, and expanding of local natural gas distribution network. IRM Energy is a value-driven energy enterprise serving industrial, commercial, domestic, and automobile customers.

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