Indian Railway Finance (BOM:543257) Gross-Profit-to-Asset % : 1.42% (As of Mar. 2024)

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What is Indian Railway Finance Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Indian Railway Finance's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹69,197 Mil. Indian Railway Finance's average Total Assets over the quarter that ended in Mar. 2024 was ₹4,864,859 Mil. Therefore, Indian Railway Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 1.42%.

Indian Railway Finance Gross-Profit-to-Asset % Historical Data

The historical data trend for Indian Railway Finance's Gross-Profit-to-Asset % 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.

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Indian Railway Finance Gross-Profit-to-Asset % Chart

Indian Railway Finance Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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3.96

3.21

2.82

1.33

1.34

Indian Railway Finance Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															0.97	1.30	1.29	1.33	1.42

Competitive Comparison of Indian Railway Finance's Gross-Profit-to-Asset %

For the Credit Services subindustry, Indian Railway Finance's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Indian Railway Finance's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Railway Finance's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Indian Railway Finance's Gross-Profit-to-Asset % falls into.

Indian Railway Finance Gross-Profit-to-Asset % Calculation

Indian Railway Finance's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	65319.42	/	( (4911467.48	+	4850824.26)	/ 2 )
	=	65319.42	/	4881145.87
	=	1.34 %

Indian Railway Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	69197.24	/	( (4878894.14	+	4850824.26)	/ 2 )
	=	69197.24	/	4864859.2
	=	1.42 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Indian Railway Finance Gross-Profit-to-Asset % Related Terms

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Indian Railway Finance (BOM:543257) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Railway Finance Corp Ltd (BOM:543257) » Definitions » Gross-Profit-to-Asset %

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IRFC:India

Address

Bhisham Pitamah Marg, Lodhi Road, UG Floor, East Tower, NBCC Place, Pragati Vihar, New Delhi, IND, 110003

Website

https://irfc.co.in

Indian Railway Finance Corp Ltd is engaged in the business of borrowing funds from the financial markets to finance the acquisition/creation of assets which are then leased out to the Indian Railways or any entity under the Ministry of Railways. Its only operating segment being Leasing and Finance. The company generates maximum revenue from Lease Income.

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