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Sterling International Enterprises (BOM:508998) Net Income : ₹-1,158 Mil (TTM As of Jun. 2017)


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What is Sterling International Enterprises Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Sterling International Enterprises's Net Income for the three months ended in Jun. 2017 was ₹-326 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2017 was ₹-1,158 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sterling International Enterprises's Earnings per Share (Diluted) for the three months ended in Jun. 2017 was ₹-1.20.


Sterling International Enterprises Net Income Historical Data

The historical data trend for Sterling International Enterprises's Net Income 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.

Sterling International Enterprises Net Income Chart

Sterling International Enterprises Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Mar16 Mar17
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 219.79 80.52 87.70 -199.86 -1,057.74

Sterling International Enterprises Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Net Income 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 -225.88 -220.18 -330.52 -281.15 -325.69

Sterling International Enterprises Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Sterling International Enterprises's Net Income for the fiscal year that ended in Mar. 2017 is calculated as

Net Income(A: Mar. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1060.899+2.877+0+0.28099999999995
=-1,058

Sterling International Enterprises's Net Income for the quarter that ended in Jun. 2017 is calculated as

Net Income(Q: Jun. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-325.74+0+0+0.050999999999988
=-326

Net Income for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,158 Mil.

* 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.


Sterling International Enterprises  (BOM:508998) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Sterling International Enterprises's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2017 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sterling International Enterprises Net Income Related Terms

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Sterling International Enterprises (BOM:508998) Business Description

Traded in Other Exchanges
N/A
Address
43, Atlanta Building, Nariman Point, Mumbai, MH, IND, 400021
Sterling International Enterprises Ltd is engaged in providing oil & gas related services. The company's services include letting on the hire of oil rigs, services in seismic data interpretation and oil trading activities. Its operating segments consist of Information Technology and Oil related activities. Majority of the revenue is derived from the provision of services incidental to Onshore Oil Extraction.

Sterling International Enterprises (BOM:508998) Headlines

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