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Jay Jalaram Technologies (NSE:KORE) Gross Profit : ₹227 Mil (TTM As of Sep. 2023)


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What is Jay Jalaram Technologies Gross Profit?

Jay Jalaram Technologies's gross profit for the six months ended in Sep. 2023 was ₹202 Mil. Jay Jalaram Technologies's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₹227 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jay Jalaram Technologies's gross profit for the six months ended in Sep. 2023 was ₹202 Mil. Jay Jalaram Technologies's Revenue for the six months ended in Sep. 2023 was ₹2,188 Mil. Therefore, Jay Jalaram Technologies's Gross Margin % for the quarter that ended in Sep. 2023 was 9.24%.

Jay Jalaram Technologies had a gross margin of 9.24% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Jay Jalaram Technologies was 7.57%. The lowest was 5.91%. And the median was 6.56%.


Jay Jalaram Technologies Gross Profit Historical Data

The historical data trend for Jay Jalaram 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.

Jay Jalaram Technologies Gross Profit Chart

Jay Jalaram Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
58.05 68.23 89.98 104.71 139.35

Jay Jalaram Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial 75.53 29.18 114.41 24.93 202.20

Competitive Comparison of Jay Jalaram Technologies's Gross Profit

For the Internet Retail subindustry, Jay Jalaram 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.


Jay Jalaram Technologies's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jay Jalaram Technologies's Gross Profit distribution charts can be found below:

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



Jay Jalaram Technologies Gross Profit Calculation

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

Jay Jalaram Technologies's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=2358.538 - 2219.191
=139

Jay Jalaram Technologies's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=2188.375 - 1986.172
=202

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹227 Mil.

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

Jay Jalaram Technologies's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=202 / 2188.375
=9.24 %

* 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.


Jay Jalaram Technologies  (NSE:KORE) 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

Jay Jalaram Technologies had a gross margin of 9.24% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Jay Jalaram Technologies Gross Profit Related Terms

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Jay Jalaram Technologies (NSE:KORE) Business Description

Traded in Other Exchanges
N/A
Address
Shilp Char Rasta, C. G. Road, Office No.103, Shail Mall, B/H. Girish Cold Drink, Navrangpura, Ahmedabad, GJ, IND, 380009
Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.