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Yarn Syndicate (BOM:514378) Gross Profit : ₹2.85 Mil (TTM As of Dec. 2023)


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What is Yarn Syndicate Gross Profit?

Yarn Syndicate's gross profit for the three months ended in Dec. 2023 was ₹2.84 Mil. Yarn Syndicate's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹2.85 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yarn Syndicate's gross profit for the three months ended in Dec. 2023 was ₹2.84 Mil. Yarn Syndicate's Revenue for the three months ended in Dec. 2023 was ₹9.52 Mil. Therefore, Yarn Syndicate's Gross Margin % for the quarter that ended in Dec. 2023 was 29.79%.

Yarn Syndicate had a gross margin of 29.79% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Yarn Syndicate was 28.80%. The lowest was 5.82%. And the median was 9.78%.


Yarn Syndicate Gross Profit Historical Data

The historical data trend for Yarn Syndicate's Gross Profit 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.

* Premium members only.

Yarn Syndicate Gross Profit Chart

Yarn Syndicate Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 - - - -

Yarn Syndicate Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.01 2.84

Competitive Comparison of Yarn Syndicate's Gross Profit

For the Textile Manufacturing subindustry, Yarn Syndicate's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Yarn Syndicate's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yarn Syndicate's Gross Profit distribution charts can be found below:

* The bar in red indicates where Yarn Syndicate's Gross Profit falls into.



Yarn Syndicate Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Yarn Syndicate's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Yarn Syndicate's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=9.524 - 6.687
=2.84

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2.85 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Yarn Syndicate's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.84 / 9.524
=29.79 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Yarn Syndicate  (BOM:514378) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Yarn Syndicate had a gross margin of 29.79% for the quarter that ended in Dec. 2023 => Competition eroding margins


Yarn Syndicate Gross Profit Related Terms

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Yarn Syndicate (BOM:514378) Business Description

Traded in Other Exchanges
Address
86/2/4, S.N. Banerjee Road, 1st Floor, Flat No. 2, Kolkata, WB, IND, 700 014
Yarn Syndicate Ltd is engaged in the trading and export of yarn. The company offers various products such as Cotton yarn, Synthetic yarn, Blended yarn, Melange and Heathers yarn, Knitted and Woven Fabrics.

Yarn Syndicate (BOM:514378) Headlines

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