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Route Mobile (BOM:543228) Gross Profit : ₹6,534 Mil (TTM As of Mar. 2024)


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What is Route Mobile Gross Profit?

Route Mobile's gross profit for the three months ended in Mar. 2024 was ₹2,216 Mil. Route Mobile's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹6,534 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Route Mobile's gross profit for the three months ended in Mar. 2024 was ₹2,216 Mil. Route Mobile's Revenue for the three months ended in Mar. 2024 was ₹10,170 Mil. Therefore, Route Mobile's Gross Margin % for the quarter that ended in Mar. 2024 was 21.78%.

Route Mobile had a gross margin of 21.78% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Route Mobile was 32.52%. The lowest was 19.71%. And the median was 21.03%.


Route Mobile Gross Profit Historical Data

The historical data trend for Route Mobile'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.

Route Mobile Gross Profit Chart

Route Mobile Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 1,920.98 2,771.30 4,195.20 7,866.70 8,605.20

Route Mobile Quarterly Data
Mar18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2,203.10 2,143.90 2,150.20 2,168.50 2,215.50

Competitive Comparison of Route Mobile's Gross Profit

For the Telecom Services subindustry, Route Mobile'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.


Route Mobile's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Route Mobile's Gross Profit distribution charts can be found below:

* The bar in red indicates where Route Mobile's Gross Profit falls into.



Route Mobile Gross Profit Calculation

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

Route Mobile'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
=40232.9 - 31627.7
=8,605

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=10170.3 - 7954.8
=2,216

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 ₹6,534 Mil.

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

Route Mobile'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
=2,216 / 10170.3
=21.78 %

* 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.


Route Mobile  (BOM:543228) 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

Route Mobile had a gross margin of 21.78% for the quarter that ended in Mar. 2024 => Competition eroding margins


Route Mobile Gross Profit Related Terms

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Route Mobile (BOM:543228) Business Description

Traded in Other Exchanges
Address
4th Dimension, 3rd Floor, Mind space, Malad (West), Mumbai, MH, IND, 400 064
Route Mobile Ltd is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). Its range of enterprise communication services includes smart solutions in Messaging, Voice, Email, SMS Filtering, Analytics, and Monetization. The company's products and services include Messaging; Operator; Voice; Email; Identity Solution; and Bespoke Solutions. Its geographical operations are spread across India, Dubai, United Kingdom and Nigeria.

Route Mobile (BOM:543228) Headlines

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