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Leading Leasing Finance and Investment Co (BOM:540360) Gross Profit : ₹23.9 Mil (TTM As of Sep. 2024)


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What is Leading Leasing Finance and Investment Co Gross Profit?

Leading Leasing Finance and Investment Co's gross profit for the three months ended in Sep. 2024 was ₹7.6 Mil. Leading Leasing Finance and Investment Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹23.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Leading Leasing Finance and Investment Co's gross profit for the three months ended in Sep. 2024 was ₹7.6 Mil. Leading Leasing Finance and Investment Co's Revenue for the three months ended in Sep. 2024 was ₹64.1 Mil. Therefore, Leading Leasing Finance and Investment Co's Gross Margin % for the quarter that ended in Sep. 2024 was 11.82%.

Leading Leasing Finance and Investment Co had a gross margin of 11.82% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Leading Leasing Finance and Investment Co was 95.28%. The lowest was 10.13%. And the median was 71.26%.


Leading Leasing Finance and Investment Co Gross Profit Historical Data

The historical data trend for Leading Leasing Finance and Investment Co'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.

Leading Leasing Finance and Investment Co Gross Profit Chart

Leading Leasing Finance and Investment Co 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 13.83 11.91 10.38 31.84 34.84

Leading Leasing Finance and Investment Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.23 8.18 8.82 -0.64 7.58

Competitive Comparison of Leading Leasing Finance and Investment Co's Gross Profit

For the Credit Services subindustry, Leading Leasing Finance and Investment Co'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.


Leading Leasing Finance and Investment Co's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Leading Leasing Finance and Investment Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Leading Leasing Finance and Investment Co's Gross Profit falls into.



Leading Leasing Finance and Investment Co Gross Profit Calculation

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

Leading Leasing Finance and Investment Co'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
=49.73 - 14.893
=34.8

Leading Leasing Finance and Investment Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=64.124 - 56.542
=7.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹23.9 Mil.

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

Leading Leasing Finance and Investment Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.6 / 64.124
=11.82 %

* 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.


Leading Leasing Finance and Investment Co  (BOM:540360) 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

Leading Leasing Finance and Investment Co had a gross margin of 11.82% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Leading Leasing Finance and Investment Co Gross Profit Related Terms

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Leading Leasing Finance and Investment Co Business Description

Traded in Other Exchanges
N/A
Address
Tata Road No. 2, Roxy Cinema Opera House, A/5, Floor-0, Shreeji Chamber, Girgaon, Mumbai, MH, IND, 400004
Leading Leasing Finance and Investment Co Ltd is an Indian financial services provider. The company invests in, buys, sells, transfers, hypothecates, deals in, and disposes of any shares, stocks, debenture stock, securities, or properties of any other companies. In addition, the company is also involved in carrying on the business of leasing and hire purchase financing and acquiring to provide on lease or to provide on hire purchase basis all types of industrial and office plant, equipment, machinery, vehicles, buildings, and real estate required for manufacturing processing transportation and trading business and other commercial and service businesses.

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