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360 One Wam (BOM:542772) Gross Profit : ₹10,549 Mil (TTM As of Mar. 2024)


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What is 360 One Wam Gross Profit?

360 One Wam's gross profit for the three months ended in Mar. 2024 was ₹2,269 Mil. 360 One Wam's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹10,549 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. 360 One Wam's gross profit for the three months ended in Mar. 2024 was ₹2,269 Mil. 360 One Wam's Revenue for the three months ended in Mar. 2024 was ₹6,394 Mil. Therefore, 360 One Wam's Gross Margin % for the quarter that ended in Mar. 2024 was 35.49%.

360 One Wam had a gross margin of 35.49% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of 360 One Wam was 72.12%. The lowest was 51.03%. And the median was 61.54%.

Warning Sign:

360 One Wam Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.9%.


360 One Wam Gross Profit Historical Data

The historical data trend for 360 One Wam'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.

360 One Wam Gross Profit Chart

360 One Wam Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 6,963.30 6,263.99 7,627.20 10,585.10 10,549.10

360 One Wam 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 2,739.50 2,453.60 2,746.90 3,079.70 2,268.90

Competitive Comparison of 360 One Wam's Gross Profit

For the Asset Management subindustry, 360 One Wam'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.


360 One Wam's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 360 One Wam's Gross Profit distribution charts can be found below:

* The bar in red indicates where 360 One Wam's Gross Profit falls into.



360 One Wam Gross Profit Calculation

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

360 One Wam'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
=20061.2 - 9512.1
=10,549

360 One Wam's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6393.9 - 4125
=2,269

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 ₹10,549 Mil.

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

360 One Wam'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
=2,269 / 6393.9
=35.49 %

* 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.


360 One Wam  (BOM:542772) 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

360 One Wam had a gross margin of 35.49% for the quarter that ended in Mar. 2024 => Competition eroding margins


360 One Wam Gross Profit Related Terms

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360 One Wam (BOM:542772) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, IIFL Centre, Kamala City, Lower Parel (West), Mumbai, MH, IND, 400013
360 One Wam Ltd formerly IIFL Wealth Management Ltd is a private wealth management firm in India. Its business is divided into two parts Wealth Management and Asset Management. The Company's main business is to provide transaction structuring relating to financial products to its clients. The company serves high net worth and ultra-high net worth individuals, affluent families, family offices and institutional clients through a range of wealth management solutions. It generates maximum revenue from the Wealth Management segment.

360 One Wam (BOM:542772) Headlines

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