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Arvind and Co Shipping Agencies (NSE:ACSAL) Net Income : ₹34.71 Mil (TTM As of Mar. 2023)


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What is Arvind and Co Shipping Agencies 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. Arvind and Co Shipping Agencies's Net Income for the six months ended in Mar. 2023 was ₹34.71 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was ₹34.71 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Arvind and Co Shipping Agencies's Earnings per Share (Diluted) for the six months ended in Mar. 2023 was ₹2.86.


Arvind and Co Shipping Agencies Net Income Historical Data

The historical data trend for Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies Net Income Chart

Arvind and Co Shipping Agencies Annual Data
Trend Mar21 Mar22 Mar23
Net Income
2.38 10.03 34.71

Arvind and Co Shipping Agencies Semi-Annual Data
Mar21 Mar22 Mar23
Net Income 2.38 10.03 34.71

Arvind and Co Shipping Agencies 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

Arvind and Co Shipping Agencies's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=48.057+-13.345+0+0
=34.71

Arvind and Co Shipping Agencies's Net Income for the quarter that ended in Mar. 2023 is calculated as

Net Income(Q: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=48.057+-13.345+0+0
=34.71

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was ₹34.71 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.


Arvind and Co Shipping Agencies  (NSE:ACSAL) 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:

Arvind and Co Shipping Agencies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2023 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.


Arvind and Co Shipping Agencies Net Income Related Terms

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Arvind and Co Shipping Agencies (NSE:ACSAL) Business Description

Traded in Other Exchanges
N/A
Address
City point 701 to 702, Fifth Floor, Near Town Hall, Jamnagar, GJ, IND, 361001
Arvind and Co Shipping Agencies Ltd is mainly engaged in the hiring of ships, barges, launches, Boats, docks, propelled vehicles, water- vessels and transport machines & providing hotel services & services of renting immovable properties. The company operates in two segments Chartering of Barges and Hotel and Hospitality. The majority of revenue is derived from the chartering of barges segment.

Arvind and Co Shipping Agencies (NSE:ACSAL) Headlines

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