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SRF (NSE:SRF) Gross Profit : ₹61,074 Mil (TTM As of Mar. 2024)


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What is SRF Gross Profit?

SRF's gross profit for the three months ended in Mar. 2024 was ₹15,783 Mil. SRF's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹61,074 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SRF's gross profit for the three months ended in Mar. 2024 was ₹15,783 Mil. SRF's Revenue for the three months ended in Mar. 2024 was ₹35,059 Mil. Therefore, SRF's Gross Margin % for the quarter that ended in Mar. 2024 was 45.02%.

SRF had a gross margin of 45.02% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of SRF was 50.75%. The lowest was 42.07%. And the median was 47.67%.


SRF Gross Profit Historical Data

The historical data trend for SRF'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.

SRF Gross Profit Chart

SRF Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33,086.80 42,099.20 61,640.10 71,132.70 61,074.10

SRF 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 17,458.30 15,884.50 15,013.70 14,393.40 15,782.50

Competitive Comparison of SRF's Gross Profit

For the Specialty Chemicals subindustry, SRF'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.


SRF's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SRF's Gross Profit distribution charts can be found below:

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



SRF Gross Profit Calculation

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

SRF'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
=129103.5 - 68029.4
=61,074

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=35059.2 - 19276.7
=15,783

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 ₹61,074 Mil.

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

SRF'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
=15,783 / 35059.2
=45.02 %

* 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.


SRF  (NSE:SRF) 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

SRF had a gross margin of 45.02% for the quarter that ended in Mar. 2024 => Durable competitive advantage


SRF Gross Profit Related Terms

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SRF (NSE:SRF) Business Description

Traded in Other Exchanges
Address
Block - C, Sector - 45, Gurugram, HR, IND, 122 003
SRF Ltd operates in the textiles, chemical and packaging business based in India. The company generates around half of its revenue internationally and operates through four business segments. The technical textiles business offers products such as nylon tyre cords, belting fabric, coated fabrics, laminated fabric, polyester tyre cords, and industrial yarns. The chemicals business provides refrigerant gases, pharmaceuticals, and fluorochemicals. Finally, the packaging film business offers polyester films used to package food, cosmetics, healthcare, and personal products. The other segment includes coated fabric, laminated fabric, and engineering plastics. The Chemicals business segment act as a major revenue driver for the firm.

SRF (NSE:SRF) Headlines

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