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Shree Renuka Sugars (NSE:RENUKA) Gross Profit : ₹19,217 Mil (TTM As of Mar. 2024)


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What is Shree Renuka Sugars Gross Profit?

Shree Renuka Sugars's gross profit for the three months ended in Mar. 2024 was ₹6,938 Mil. Shree Renuka Sugars's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹19,217 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shree Renuka Sugars's gross profit for the three months ended in Mar. 2024 was ₹6,938 Mil. Shree Renuka Sugars's Revenue for the three months ended in Mar. 2024 was ₹34,663 Mil. Therefore, Shree Renuka Sugars's Gross Margin % for the quarter that ended in Mar. 2024 was 20.02%.

Shree Renuka Sugars had a gross margin of 20.02% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Shree Renuka Sugars was 20.46%. The lowest was -10.02%. And the median was 11.86%.


Shree Renuka Sugars Gross Profit Historical Data

The historical data trend for Shree Renuka Sugars'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.

Shree Renuka Sugars Gross Profit Chart

Shree Renuka Sugars 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 4,673.95 8,659.22 12,265.00 18,459.00 19,217.00

Shree Renuka Sugars 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 5,947.00 3,317.00 3,570.00 5,392.00 6,938.00

Competitive Comparison of Shree Renuka Sugars's Gross Profit

For the Confectioners subindustry, Shree Renuka Sugars'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.


Shree Renuka Sugars's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shree Renuka Sugars's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shree Renuka Sugars's Gross Profit falls into.



Shree Renuka Sugars Gross Profit Calculation

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

Shree Renuka Sugars'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
=113190 - 93973
=19,217

Shree Renuka Sugars's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=34663 - 27725
=6,938

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 ₹19,217 Mil.

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

Shree Renuka Sugars'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
=6,938 / 34663
=20.02 %

* 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.


Shree Renuka Sugars  (NSE:RENUKA) 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

Shree Renuka Sugars had a gross margin of 20.02% for the quarter that ended in Mar. 2024 => Competition eroding margins


Shree Renuka Sugars Gross Profit Related Terms

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Shree Renuka Sugars (NSE:RENUKA) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, 7th Floor, Devchand House, Shiv Sagar Estate, Worli, Mumbai, MH, IND, 400018
Shree Renuka Sugars Ltd is an agribusiness and bio-energy company. The company's operating segment includes sugar - milling; sugar - refinery; trading; co-generation; distillery; engineering and others. It generates maximum revenue from the sugar refinery segment.

Shree Renuka Sugars (NSE:RENUKA) Headlines

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