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Tata Steel (Tata Steel) Gross Profit : $12,068 Mil (TTM As of Dec. 2023)


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What is Tata Steel Gross Profit?

Tata Steel's gross profit for the three months ended in Dec. 2023 was $3,877 Mil. Tata Steel's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $12,068 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tata Steel's gross profit for the three months ended in Dec. 2023 was $3,877 Mil. Tata Steel's Revenue for the three months ended in Dec. 2023 was $6,574 Mil. Therefore, Tata Steel's Gross Margin % for the quarter that ended in Dec. 2023 was 58.98%.

Tata Steel had a gross margin of 58.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Tata Steel was 56.92%. The lowest was 41.80%. And the median was 52.02%.

Warning Sign:

Tata Steel Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


Tata Steel Gross Profit Historical Data

The historical data trend for Tata Steel'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.

Tata Steel Gross Profit Chart

Tata Steel 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 12,021.56 9,613.21 11,742.42 17,746.54 12,364.15

Tata Steel 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 3,241.52 838.77 3,835.88 3,515.60 3,877.39

Competitive Comparison of Tata Steel's Gross Profit

For the Steel subindustry, Tata Steel'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.


Tata Steel's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tata Steel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tata Steel's Gross Profit falls into.



Tata Steel Gross Profit Calculation

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

Tata Steel'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
=29581.019 - 17216.872
=12,364

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=6573.534 - 2696.148
=3,877

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 $12,068 Mil.

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

Tata Steel'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
=3,877 / 6573.534
=58.98 %

* 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.


Tata Steel  (OTCPK:TATLY) 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

Tata Steel had a gross margin of 58.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Tata Steel Gross Profit Related Terms

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Tata Steel (Tata Steel) Business Description

Address
24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400 001
Tata Steel Ltd is an India-based company that is engaged in the production and marketing of various steel products. Its products are basically classified into flat products and construction products. Flat products include hot-rolled steel, cold-rolled steel, metallic-coated steel, direct-coated steel, tubes, packaging steel, electro-plated steel, and narrow strip. Its segments include Tata Steel India, Tata Steel Long Products, Other Indian operations, Tata Steel Europe, Other trade related operations, South-East Asian operations, and the Rest of the world.

Tata Steel (Tata Steel) Headlines

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