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Dharani Finance (BOM:511451) Gross Profit : ₹3.04 Mil (TTM As of Mar. 2024)


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What is Dharani Finance Gross Profit?

Dharani Finance's gross profit for the three months ended in Mar. 2024 was ₹-1.21 Mil. Dharani Finance's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹3.04 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dharani Finance's gross profit for the three months ended in Mar. 2024 was ₹-1.21 Mil. Dharani Finance's Revenue for the three months ended in Mar. 2024 was ₹-0.84 Mil. Therefore, Dharani Finance's Gross Margin % for the quarter that ended in Mar. 2024 was 144.92%.

Dharani Finance had a gross margin of 144.92% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Dharani Finance was 89.11%. The lowest was 49.61%. And the median was 83.16%.

Warning Sign:

Dharani Finance Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


Dharani Finance Gross Profit Historical Data

The historical data trend for Dharani Finance'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.

Dharani Finance Gross Profit Chart

Dharani Finance 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 8.35 3.35 3.45 4.16 3.04

Dharani Finance 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 0.88 1.13 1.03 2.09 -1.21

Competitive Comparison of Dharani Finance's Gross Profit

For the Credit Services subindustry, Dharani Finance'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.


Dharani Finance's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dharani Finance's Gross Profit distribution charts can be found below:

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



Dharani Finance Gross Profit Calculation

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

Dharani Finance'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
=3.919 - 0.883
=3.04

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=-0.837 - 0.376
=-1.21

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 ₹3.04 Mil.

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

Dharani Finance'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
=-1.21 / -0.837
=144.92 %

* 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.


Dharani Finance  (BOM:511451) 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

Dharani Finance had a gross margin of 144.92% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Dharani Finance Gross Profit Related Terms

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Dharani Finance (BOM:511451) Business Description

Traded in Other Exchanges
N/A
Address
New No.59 (Old No. 57) Sterling Road, PGP House, Nungambakkam, Chennai, TN, IND, 600034
Dharani Finance Ltd operates as a non-banking finance company in India. The main activities of the company are to carry on the business of hire purchase, leasing of machinery and other equipment, financing industrial enterprises, undertaking the business of financial operations of all kinds, dealing in foreign exchange, providing financial services like investment planning, tax planning, consultancy and much more. In addition, it also acts as a tour agent, carries on the import and export of merchandise, functions as a forwarding agent, freight contractor, warehousing, and many more. The company's operating segments include Financial Services and Travel Services. The majority of its revenue is generated from the Financial Services segment.

Dharani Finance (BOM:511451) Headlines

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