Nesco (BOM:505355) Gross Profit : ₹5,900 Mil (TTM As of Dec. 2023)

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What is Nesco Gross Profit?

Nesco's gross profit for the three months ended in Dec. 2023 was ₹1,629 Mil. Nesco's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹5,900 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nesco's gross profit for the three months ended in Dec. 2023 was ₹1,629 Mil. Nesco's Revenue for the three months ended in Dec. 2023 was ₹1,778 Mil. Therefore, Nesco's Gross Margin % for the quarter that ended in Dec. 2023 was 91.66%.

Nesco had a gross margin of 91.66% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Nesco was 95.42%. The lowest was 91.27%. And the median was 93.34%.

Nesco Gross Profit Historical Data

The historical data trend for Nesco'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.

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Nesco Gross Profit Chart

Nesco Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

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3,359.43

4,119.64

2,730.15

3,102.06

5,083.03

Nesco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															1,332.88	1,416.59	1,248.23	1,605.65	1,629.35

Competitive Comparison of Nesco's Gross Profit

For the Conglomerates subindustry, Nesco'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.

Nesco's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nesco's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nesco's Gross Profit falls into.

Nesco Gross Profit Calculation

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

Nesco's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	5460.016	-	376.988
	=	5,083

Nesco's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1777.648	-	148.3
	=	1,629

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,900 Mil.

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

Nesco's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	1,629	/	1777.648
	=	91.66 %

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.

Nesco (BOM:505355) 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

Nesco had a gross margin of 91.66% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Nesco Gross Profit Related Terms

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Nesco (BOM:505355) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NESCO:India

Address

Western Express Highway, Nesco Center, Goregaon (East), Mumbai, MH, IND, 400 063

Website

https://www.nesco.in

Nesco Ltd has a diversified portfolio of business. The company's operating segment includes IT Park; Bombay Exhibition Centre; Industrial Capital Goods Division; Nesco Foods and others. It generates maximum revenue from the IT Park segment. IT Park segment includes licencing premises in IT park buildings and providing related services. Bombay Exhibition Center segment includes licencing premises for exhibitions and providing services to the organisers. The Industrial Capital Goods Division segment is involved in the manufacturing of machines and capital equipment. Nesco Foods segment includes hospitality and catering services.

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