Abans Holdings (NSE:AHL) Gross Profit : ₹1,926 Mil (TTM As of Mar. 2024)

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What is Abans Holdings Gross Profit?

Abans Holdings's gross profit for the three months ended in Mar. 2024 was ₹650 Mil. Abans Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,926 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Abans Holdings's gross profit for the three months ended in Mar. 2024 was ₹650 Mil. Abans Holdings's Revenue for the three months ended in Mar. 2024 was ₹2,662 Mil. Therefore, Abans Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 24.43%.

Abans Holdings had a gross margin of 24.43% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Abans Holdings was 13.99%. The lowest was 0.24%. And the median was 7.17%.

Abans Holdings Gross Profit Historical Data

The historical data trend for Abans Holdings'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.

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Abans Holdings Gross Profit Chart

Abans Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Profit

63.43

375.32

418.65

1,107.36

1,927.73

Abans Holdings Quarterly Data
	Mar20	Mar21	Mar22	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial					477.75	426.19	404.84	444.29	650.26

Competitive Comparison of Abans Holdings's Gross Profit

For the Capital Markets subindustry, Abans Holdings'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.

Abans Holdings's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abans Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Abans Holdings's Gross Profit falls into.

Abans Holdings Gross Profit Calculation

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

Abans Holdings'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
	=	13783.422	-	11855.689
	=	1,928

Abans Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	2662.13	-	2011.867
	=	650

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 ₹1,926 Mil.

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

Abans Holdings'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
	=	650	/	2662.13
	=	24.43 %

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.

Abans Holdings (NSE:AHL) 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

Abans Holdings had a gross margin of 24.43% for the quarter that ended in Mar. 2024 => Competition eroding margins

Abans Holdings Gross Profit Related Terms

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Abans Holdings (NSE:AHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abans Holdings Ltd (NSE:AHL) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

543712:India

Address

Backbay Reclamation, 36, 37, 38A, Floor 3, 227 Nariman Bhavan, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.abansholdings.com

Abans Holdings Ltd is engaged in providing financial services. The principal activities of the Company consist of general trading of agri commodities, precious metals, trading In debentures, securities, and derivative contracts on recognized stock exchanges. The company is also engaged in advisory services like Investment Banking, Corporate Finance, Project Finance, Trade Finance, and providing Business & Retail Loans, unsecured as well as secured against collateral security of immovable property, agricultural stocks, liquid assets like shares, other financial assets, etc. The operating segments are; Agency business, Internal treasury operations, Lending activities, and Others. The majority of its revenue is derived from the Internal treasury operations segment.