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Cochin Minerals & Rutile (BOM:513353) Net Income : ₹285 Mil (TTM As of Dec. 2023)


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What is Cochin Minerals & Rutile Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Cochin Minerals & Rutile's Net Income for the three months ended in Dec. 2023 was ₹101 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹285 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cochin Minerals & Rutile's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was ₹12.88.


Cochin Minerals & Rutile Net Income Historical Data

The historical data trend for Cochin Minerals & Rutile's Net Income 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.

Cochin Minerals & Rutile Net Income Chart

Cochin Minerals & Rutile Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.70 59.87 81.09 62.11 564.27

Cochin Minerals & Rutile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 168.07 129.98 22.66 31.67 100.84

Cochin Minerals & Rutile Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Cochin Minerals & Rutile's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=733.682+-169.41+0+0
=564

Cochin Minerals & Rutile's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=145.615+-44.78+0+-1.4210854715202E-14
=101

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹285 Mil.

* 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.


Cochin Minerals & Rutile  (BOM:513353) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Cochin Minerals & Rutile's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Cochin Minerals & Rutile Net Income Related Terms

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Cochin Minerals & Rutile (BOM:513353) Business Description

Traded in Other Exchanges
N/A
Address
VIII/224, Market Road, Post Box No. 73, Alwaye, KL, IND, 683 101
Cochin Minerals & Rutile Ltd is an export-oriented unit in the mineral processing sector. The principal business activities of the company are manufacturing, research and marketing of aqua ferric chloride. Its by-product offerings include beneficiated ilmenite (synthetic rutile), ferric chloride, ferrous chloride, cemox, iron hydroxide, and recovered TiO2. The company's main product synthetic rutile is used in titanium pigment and titanium sponge/metal industry.

Cochin Minerals & Rutile (BOM:513353) Headlines

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