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Eicher Motors (NSE:EICHERMOT) Gross Profit : ₹72,534 Mil (TTM As of Mar. 2024)


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What is Eicher Motors Gross Profit?

Eicher Motors's gross profit for the three months ended in Mar. 2024 was ₹18,979 Mil. Eicher Motors's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹72,534 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Eicher Motors's gross profit for the three months ended in Mar. 2024 was ₹18,979 Mil. Eicher Motors's Revenue for the three months ended in Mar. 2024 was ₹41,734 Mil. Therefore, Eicher Motors's Gross Margin % for the quarter that ended in Mar. 2024 was 45.48%.

Eicher Motors had a gross margin of 45.48% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Eicher Motors was 46.40%. The lowest was 32.55%. And the median was 42.65%.


Eicher Motors Gross Profit Historical Data

The historical data trend for Eicher Motors'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.

Eicher Motors Gross Profit Chart

Eicher Motors Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39,212.30 34,099.80 41,713.90 59,640.00 72,533.70

Eicher Motors 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 16,136.10 16,848.10 18,129.20 18,577.10 18,979.30

Competitive Comparison of Eicher Motors's Gross Profit

For the Auto Manufacturers subindustry, Eicher Motors'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.


Eicher Motors's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eicher Motors's Gross Profit distribution charts can be found below:

* The bar in red indicates where Eicher Motors's Gross Profit falls into.



Eicher Motors Gross Profit Calculation

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

Eicher Motors'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
=162340.2 - 89806.5
=72,534

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=41733.5 - 22754.2
=18,979

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 ₹72,534 Mil.

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

Eicher Motors'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
=18,979 / 41733.5
=45.48 %

* 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.


Eicher Motors  (NSE:EICHERMOT) 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

Eicher Motors had a gross margin of 45.48% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Eicher Motors Gross Profit Related Terms

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Eicher Motors (NSE:EICHERMOT) Business Description

Traded in Other Exchanges
Address
No. 96, Sector 32, Gurugram, HR, IND, 122001
Eicher Motors Ltd is an Indian automobile manufacturer. The company organizes itself into two divisions, based on product type: motorcycles, and commercial vehicles. The motorcycles division, the most significant contributor to Eicher Motors' revenue, produces motorcycles through the Royal Enfield brand. The commercial vehicles divisions, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of revenue domestically.

Eicher Motors (NSE:EICHERMOT) Headlines

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