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InfoBeans Technologies (NSE:INFOBEAN) Gross Profit : ₹765 Mil (TTM As of Mar. 2024)


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What is InfoBeans Technologies Gross Profit?

InfoBeans Technologies's gross profit for the three months ended in Mar. 2024 was ₹287 Mil. InfoBeans Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹765 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. InfoBeans Technologies's gross profit for the three months ended in Mar. 2024 was ₹287 Mil. InfoBeans Technologies's Revenue for the three months ended in Mar. 2024 was ₹969 Mil. Therefore, InfoBeans Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was 29.64%.

InfoBeans Technologies had a gross margin of 29.64% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of InfoBeans Technologies was 35.11%. The lowest was 26.86%. And the median was 34.39%.

Warning Sign:

InfoBeans Technologies Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


InfoBeans Technologies Gross Profit Historical Data

The historical data trend for InfoBeans 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.

InfoBeans Technologies Gross Profit Chart

InfoBeans Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 547.70 615.10 941.00 1,162.50 989.80

InfoBeans Technologies Quarterly Data
Mar19 Jun19 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 297.30 211.80 238.20 239.10 287.30

Competitive Comparison of InfoBeans Technologies's Gross Profit

For the Software - Application subindustry, InfoBeans 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.


InfoBeans Technologies's Gross Profit Distribution in the Software Industry

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

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



InfoBeans Technologies Gross Profit Calculation

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

InfoBeans 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
=3685.2 - 2695.4
=990

InfoBeans 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
=969.4 - 682.1
=287

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 ₹765 Mil.

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

InfoBeans 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
=287 / 969.4
=29.64 %

* 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.


InfoBeans Technologies  (NSE:INFOBEAN) 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

InfoBeans Technologies had a gross margin of 29.64% for the quarter that ended in Mar. 2024 => Competition eroding margins


InfoBeans Technologies Gross Profit Related Terms

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InfoBeans Technologies (NSE:INFOBEAN) Business Description

Traded in Other Exchanges
Address
Bhawarkua Main Road, 2nd Floor, Indrapuri Colony, Crystal IT Park, Indore, MP, IND, 452014
InfoBeans Technologies Ltd is a software services company based in India. It is specializing in enterprise software development for web and mobile. Its service portfolio consists of automation engineering, UX and UI, and customized software. InfoBeans provides software engineering services in custom application development, content management systems, enterprise mobility, and big data analytics. The revenue is derived from software development and related services.

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