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IRM Energy (NSE:IRMENERGY) Pretax Margin % : 7.69% (As of Mar. 2024)


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What is IRM Energy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. IRM Energy's Pre-Tax Income for the three months ended in Mar. 2024 was ₹165 Mil. IRM Energy's Revenue for the three months ended in Mar. 2024 was ₹2,142 Mil. Therefore, IRM Energy's pretax margin for the quarter that ended in Mar. 2024 was 7.69%.

The historical rank and industry rank for IRM Energy's Pretax Margin % or its related term are showing as below:

NSE:IRMENERGY' s Pretax Margin % Range Over the Past 10 Years
Min: 7.59   Med: 18.92   Max: 30.09
Current: 13.42


NSE:IRMENERGY's Pretax Margin % is ranked better than
57.64% of 517 companies
in the Utilities - Regulated industry
Industry Median: 10.81 vs NSE:IRMENERGY: 13.42

IRM Energy Pretax Margin % Historical Data

The historical data trend for IRM Energy's Pretax Margin % 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.

IRM Energy Pretax Margin % Chart

IRM Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Pretax Margin %
24.41 30.09 7.59 13.42

IRM Energy Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 14.64 15.56 15.54 7.69

Competitive Comparison of IRM Energy's Pretax Margin %

For the Utilities - Regulated Gas subindustry, IRM Energy's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


IRM Energy's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, IRM Energy's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where IRM Energy's Pretax Margin % falls into.



IRM Energy Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

IRM Energy's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=1194.99/8905.17
=13.42 %

IRM Energy's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=164.72/2142.46
=7.69 %

* 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.


IRM Energy  (NSE:IRMENERGY) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


IRM Energy Pretax Margin % Related Terms

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IRM Energy (NSE:IRMENERGY) Business Description

Traded in Other Exchanges
Address
S.G. Highway, Corporate Park, Near Sola Bridge, 4th Floor, Block 8, Magnet, Thaltej, Ahmedabad, GJ, IND, 380054
IRM Energy Ltd is a gas distribution company. It is involved in developing, operating, and expanding of local natural gas distribution network. IRM Energy is a value-driven energy enterprise serving industrial, commercial, domestic, and automobile customers.

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