GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » RattanIndia Power Ltd (NSE:RTNPOWER) » Definitions » Gross Profit

RattanIndia Power (NSE:RTNPOWER) Gross Profit : ₹8,911 Mil (TTM As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is RattanIndia Power Gross Profit?

RattanIndia Power's gross profit for the three months ended in Mar. 2024 was ₹2,657 Mil. RattanIndia Power's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹8,911 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RattanIndia Power's gross profit for the three months ended in Mar. 2024 was ₹2,657 Mil. RattanIndia Power's Revenue for the three months ended in Mar. 2024 was ₹9,140 Mil. Therefore, RattanIndia Power's Gross Margin % for the quarter that ended in Mar. 2024 was 29.07%.

RattanIndia Power had a gross margin of 29.07% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of RattanIndia Power was 65.18%. The lowest was 26.49%. And the median was 42.61%.

Warning Sign:

RattanIndia Power Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.1%.


RattanIndia Power Gross Profit Historical Data

The historical data trend for RattanIndia Power'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.

RattanIndia Power Gross Profit Chart

RattanIndia Power 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 8,642.75 8,298.33 10,085.32 9,921.10 8,910.60

RattanIndia Power 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 2,807.60 2,097.60 1,809.30 2,347.00 2,656.70

Competitive Comparison of RattanIndia Power's Gross Profit

For the Utilities - Renewable subindustry, RattanIndia Power'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.


RattanIndia Power's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, RattanIndia Power's Gross Profit distribution charts can be found below:

* The bar in red indicates where RattanIndia Power's Gross Profit falls into.



RattanIndia Power Gross Profit Calculation

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

RattanIndia Power'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
=33640 - 24729.4
=8,911

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=9139.6 - 6482.9
=2,657

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 ₹8,911 Mil.

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

RattanIndia Power'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
=2,657 / 9139.6
=29.07 %

* 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.


RattanIndia Power  (NSE:RTNPOWER) 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

RattanIndia Power had a gross margin of 29.07% for the quarter that ended in Mar. 2024 => Competition eroding margins


RattanIndia Power Gross Profit Related Terms

Thank you for viewing the detailed overview of RattanIndia Power's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


RattanIndia Power (NSE:RTNPOWER) Business Description

Traded in Other Exchanges
Address
5th Floor, Tower-B, Worldmark-I, Aerocity, New Delhi, IND, 110037
RattanIndia Power Ltd is engaged in power generation and allied activities. The company is involved in dealing in power generation, distribution, trading, transmission, and other ancillary and incidental activities. It operates power projects, for generating and supplying all forms of electrical energy. The company operates its activities in India and derives its revenue from the supply of power. The company owns several businesses such as cocoblu, revolt, BankSe, NeoSky, Etc.

RattanIndia Power (NSE:RTNPOWER) Headlines

No Headlines