Torrent Power (BOM:532779) Gross-Profit-to-Asset % : 19.80% (As of Mar. 2024)

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What is Torrent 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. Torrent Power's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹66,109 Mil. Torrent Power's average Total Assets over the quarter that ended in Mar. 2024 was ₹333,925 Mil. Therefore, Torrent Power's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 19.80%.

Torrent Power Gross-Profit-to-Asset % Historical Data

The historical data trend for Torrent 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.

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Torrent Power Gross-Profit-to-Asset % Chart

Torrent Power Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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18.83

17.99

17.47

23.89

21.09

Torrent 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															21.01	22.69	21.79	19.79	19.80

Competitive Comparison of Torrent Power's Gross-Profit-to-Asset %

For the Utilities - Independent Power Producers subindustry, Torrent 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.

Torrent Power's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Gross-Profit-to-Asset % distribution charts can be found below:

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

Torrent Power Gross-Profit-to-Asset % Calculation

Torrent 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 )
	=	66745.1	/	( (299101.8	+	333924.8)	/ 2 )
	=	66745.1	/	316513.3
	=	21.09 %

Torrent 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 )
	=	66108.8	/	( (0	+	333924.8)	/ 1 )
	=	66108.8	/	333924.8
	=	19.80 %

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.

Torrent Power Gross-Profit-to-Asset % Related Terms

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Torrent Power (BOM:532779) Business Description

Industry

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TORNTPOWER:India

Address

Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015

Website

https://www.torrentpower.com

Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.

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