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Jindal Steel & Power (BOM:532286) Gross-Profit-to-Asset % : 37.08% (As of Mar. 2024)


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What is Jindal Steel & Power 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. Jindal Steel & Power's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹291,868 Mil. Jindal Steel & Power's average Total Assets over the quarter that ended in Mar. 2024 was ₹787,152 Mil. Therefore, Jindal Steel & Power's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 37.08%.


Jindal Steel & Power Gross-Profit-to-Asset % Historical Data

The historical data trend for Jindal Steel & Power'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.

* Premium members only.

Jindal Steel & Power Gross-Profit-to-Asset % Chart

Jindal Steel & Power Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.26 19.23 26.00 39.04 38.25

Jindal Steel & Power Quarterly Data
Jun19 Sep19 Dec19 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 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 39.69 41.97 - 39.96 37.08

Competitive Comparison of Jindal Steel & Power's Gross-Profit-to-Asset %

For the Steel subindustry, Jindal Steel & Power'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.


Jindal Steel & Power's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jindal Steel & Power's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Jindal Steel & Power's Gross-Profit-to-Asset % falls into.



Jindal Steel & Power Gross-Profit-to-Asset % Calculation

Jindal Steel & Power'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 )
=283345/( (694272.3+787151.8)/ 2 )
=283345/740712.05
=38.25 %

Jindal Steel & Power'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 )
=291868/( (0+787151.8)/ 1 )
=291868/787151.8
=37.08 %

* 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.

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.


Jindal Steel & Power Gross-Profit-to-Asset % Related Terms

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Jindal Steel & Power (BOM:532286) Business Description

Traded in Other Exchanges
Address
Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110 066
Jindal Steel & Power Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors. The iron and steel segment is the company's largest segment, representing the majority of the company's sales. Jindal Steel and Power's iron and steel segment manufacture a wide range of steel products that find applications in railway, road, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Jindal Steel and Power's power segment operates power plants and transmission lines. The company generates most of its revenue from the Indian domestic market.

Jindal Steel & Power (BOM:532286) Headlines

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