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KPIT Technologies (BOM:542651) Gross Profit : ₹17,012 Mil (TTM As of Mar. 2024)


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What is KPIT Technologies Gross Profit?

KPIT Technologies's gross profit for the three months ended in Mar. 2024 was ₹4,693 Mil. KPIT Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹17,012 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. KPIT Technologies's gross profit for the three months ended in Mar. 2024 was ₹4,693 Mil. KPIT Technologies's Revenue for the three months ended in Mar. 2024 was ₹13,178 Mil. Therefore, KPIT Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was 35.61%.

KPIT Technologies had a gross margin of 35.61% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of KPIT Technologies was 99.61%. The lowest was 34.37%. And the median was 35.02%.

Warning Sign:

KPIT Technologies Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.5%.


KPIT Technologies Gross Profit Historical Data

The historical data trend for KPIT Technologies'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.

KPIT Technologies Gross Profit Chart

KPIT Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 21,476.81 7,148.68 8,359.11 11,693.00 17,011.55

KPIT Technologies 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 3,514.65 3,769.44 4,062.92 4,486.24 4,692.95

Competitive Comparison of KPIT Technologies's Gross Profit

For the Information Technology Services subindustry, KPIT Technologies'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.


KPIT Technologies's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, KPIT Technologies's Gross Profit distribution charts can be found below:

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



KPIT Technologies Gross Profit Calculation

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

KPIT Technologies'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
=48715.41 - 31703.86
=17,012

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=13178 - 8485.05
=4,693

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 ₹17,012 Mil.

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

KPIT Technologies'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
=4,693 / 13178
=35.61 %

* 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.


KPIT Technologies  (BOM:542651) 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

KPIT Technologies had a gross margin of 35.61% for the quarter that ended in Mar. 2024 => Competition eroding margins


KPIT Technologies Gross Profit Related Terms

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KPIT Technologies (BOM:542651) Business Description

Traded in Other Exchanges
Address
Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka- Mulshi, Hinjawadi, Pune, MH, IND, 411057
KPIT Technologies Ltd is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy, and Utilities companies. The Company derives revenues primarily from providing engineering services which includes design engineering services, embedded software development with its related services and from the sale of licenses and products. Geographically, it derives a majority of revenue from the Americas.

KPIT Technologies (BOM:542651) Headlines

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