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Crest Ventures (BOM:511413) Gross Profit : ₹1,076 Mil (TTM As of Mar. 2024)


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What is Crest Ventures Gross Profit?

Crest Ventures's gross profit for the three months ended in Mar. 2024 was ₹223 Mil. Crest Ventures's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,076 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Crest Ventures's gross profit for the three months ended in Mar. 2024 was ₹223 Mil. Crest Ventures's Revenue for the three months ended in Mar. 2024 was ₹398 Mil. Therefore, Crest Ventures's Gross Margin % for the quarter that ended in Mar. 2024 was 55.91%.

Crest Ventures had a gross margin of 55.91% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Crest Ventures was 78.69%. The lowest was 13.24%. And the median was 60.22%.


Crest Ventures Gross Profit Historical Data

The historical data trend for Crest Ventures'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.

* Premium members only.

Crest Ventures Gross Profit Chart

Crest Ventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 381.77 395.92 430.86 624.14 1,075.82

Crest Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 197.96 154.04 442.16 256.84 222.77

Competitive Comparison of Crest Ventures's Gross Profit

For the Financial Conglomerates subindustry, Crest Ventures'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.


Crest Ventures's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crest Ventures's Gross Profit distribution charts can be found below:

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



Crest Ventures Gross Profit Calculation

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

Crest Ventures's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=1754.894 - 679.079
=1,076

Crest Ventures's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=398.41 - 175.641
=223

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,076 Mil.

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

Crest Ventures's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=223 / 398.41
=55.91 %

* 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.

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.


Crest Ventures  (BOM:511413) 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

Crest Ventures had a gross margin of 55.91% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Crest Ventures Gross Profit Related Terms

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Crest Ventures (BOM:511413) Business Description

Traded in Other Exchanges
Address
111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021
Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.

Crest Ventures (BOM:511413) Headlines

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