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ABC India (BOM:520123) Gross Profit : ₹113 Mil (TTM As of Mar. 2024)


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What is ABC India Gross Profit?

ABC India's gross profit for the three months ended in Mar. 2024 was ₹30 Mil. ABC India's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹113 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ABC India's gross profit for the three months ended in Mar. 2024 was ₹30 Mil. ABC India's Revenue for the three months ended in Mar. 2024 was ₹397 Mil. Therefore, ABC India's Gross Margin % for the quarter that ended in Mar. 2024 was 7.46%.

ABC India had a gross margin of 7.46% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of ABC India was 20.03%. The lowest was 5.09%. And the median was 7.48%.

Warning Sign:

ABC India Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.6%.


ABC India Gross Profit Historical Data

The historical data trend for ABC India'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.

ABC India Gross Profit Chart

ABC India 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 205.15 102.58 104.42 98.90 113.18

ABC India 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 30.91 26.49 27.60 29.50 29.59

Competitive Comparison of ABC India's Gross Profit

For the Trucking subindustry, ABC India'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.


ABC India's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ABC India's Gross Profit distribution charts can be found below:

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



ABC India Gross Profit Calculation

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

ABC India'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
=1645.937 - 1532.761
=113

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=396.681 - 367.089
=30

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 ₹113 Mil.

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

ABC India'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
=30 / 396.681
=7.46 %

* 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.


ABC India  (BOM:520123) 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

ABC India had a gross margin of 7.46% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


ABC India Gross Profit Related Terms

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ABC India (BOM:520123) Business Description

Traded in Other Exchanges
N/A
Address
40/8, Ballygunge Circular Road, Kolkata, WB, IND, 700 019
ABC India Ltd provides logistic services in India. It operates in two business segments namely Freight and Services and Petrol Pump. It generates the majority of its revenue from the Freight and Services business segment. It offers domestic road transportation and complex logistics solutions.

ABC India (BOM:520123) Headlines

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