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V2 Retail (BOM:532867) Gross Profit : ₹3,537 Mil (TTM As of Mar. 2024)


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What is V2 Retail Gross Profit?

V2 Retail's gross profit for the three months ended in Mar. 2024 was ₹514 Mil. V2 Retail's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹3,537 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. V2 Retail's gross profit for the three months ended in Mar. 2024 was ₹514 Mil. V2 Retail's Revenue for the three months ended in Mar. 2024 was ₹2,960 Mil. Therefore, V2 Retail's Gross Margin % for the quarter that ended in Mar. 2024 was 17.36%.

V2 Retail had a gross margin of 17.36% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of V2 Retail was 31.53%. The lowest was 24.90%. And the median was 28.87%.


V2 Retail Gross Profit Historical Data

The historical data trend for V2 Retail'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.

V2 Retail Gross Profit Chart

V2 Retail 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 1,740.55 1,471.57 1,854.02 2,644.89 3,536.51

V2 Retail 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 424.57 916.08 799.59 1,306.95 513.89

Competitive Comparison of V2 Retail's Gross Profit

For the Apparel Retail subindustry, V2 Retail'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.


V2 Retail's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, V2 Retail's Gross Profit distribution charts can be found below:

* The bar in red indicates where V2 Retail's Gross Profit falls into.



V2 Retail Gross Profit Calculation

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

V2 Retail'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
=11647.271 - 8110.758
=3,537

V2 Retail's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2960.381 - 2446.488
=514

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 ₹3,537 Mil.

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

V2 Retail'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
=514 / 2960.381
=17.36 %

* 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.


V2 Retail  (BOM:532867) 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

V2 Retail had a gross margin of 17.36% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


V2 Retail Gross Profit Related Terms

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V2 Retail (BOM:532867) Business Description

Traded in Other Exchanges
Address
Khasra No. 928, Extended Lal Dora Abadi, Village Kapashera, Tehsil Vasant Vihar, South West Delhi, New Delhi, IND, 110037
V2 Retail Ltd is a retail company. The company is engaged in the business of retail sales of garments, textiles, and accessories in India. It carries out its business as a trader, dealer, whole seller, agent, distributor, consignor, consignee, retailer, job work, scourer, spinner, weaver, finisher, dyer, tailor and draper, and cutter of garments. Geographically, it derives all of its revenue from India. The company derives the majority of its revenue from the sale of apparel.

V2 Retail (BOM:532867) Headlines

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