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Entertainment Network (India) (BOM:532700) Gross Profit : ₹3,642 Mil (TTM As of Mar. 2024)


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What is Entertainment Network (India) Gross Profit?

Entertainment Network (India)'s gross profit for the three months ended in Mar. 2024 was ₹1,052 Mil. Entertainment Network (India)'s gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹3,642 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Entertainment Network (India)'s gross profit for the three months ended in Mar. 2024 was ₹1,052 Mil. Entertainment Network (India)'s Revenue for the three months ended in Mar. 2024 was ₹1,500 Mil. Therefore, Entertainment Network (India)'s Gross Margin % for the quarter that ended in Mar. 2024 was 70.12%.

Entertainment Network (India) had a gross margin of 70.12% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Entertainment Network (India) was 85.69%. The lowest was 50.68%. And the median was 68.90%.


Entertainment Network (India) Gross Profit Historical Data

The historical data trend for Entertainment Network (India)'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.

Entertainment Network (India) Gross Profit Chart

Entertainment Network (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,568.62 1,733.62 2,293.40 2,548.43 3,730.98

Entertainment Network (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 755.58 715.95 801.07 1,073.40 1,051.84

Competitive Comparison of Entertainment Network (India)'s Gross Profit

For the Broadcasting subindustry, Entertainment Network (India)'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.


Entertainment Network (India)'s Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Entertainment Network (India)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Entertainment Network (India)'s Gross Profit falls into.



Entertainment Network (India) Gross Profit Calculation

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

Entertainment Network (India)'s Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=5219.248 - 1488.268
=3,731

Entertainment Network (India)'s Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1500.108 - 448.267
=1,052

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,642 Mil.

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

Entertainment Network (India)'s Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,052 / 1500.108
=70.12 %

* 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.


Entertainment Network (India)  (BOM:532700) 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

Entertainment Network (India) had a gross margin of 70.12% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Entertainment Network (India) Gross Profit Related Terms

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Entertainment Network (India) (BOM:532700) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013
Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

Entertainment Network (India) (BOM:532700) Headlines

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