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Octaware Technologies (BOM:540416) Net Income : ₹-11.5 Mil (TTM As of Sep. 2023)


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What is Octaware Technologies 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. Octaware Technologies's Net Income for the six months ended in Sep. 2023 was ₹-1.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-11.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Octaware Technologies's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was ₹-0.33.


Octaware Technologies Net Income Historical Data

The historical data trend for Octaware Technologies'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.

Octaware Technologies Net Income Chart

Octaware Technologies 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 5.77 -14.37 -4.88 5.92 -13.60

Octaware Technologies Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.12 3.80 -3.30 -10.30 -1.20

Octaware Technologies 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

Octaware Technologies'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
=-13.568+0+0+-0.032
=-13.6

Octaware Technologies's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.063+0+0+-0.134
=-1.2

Net Income 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 ₹-11.5 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.


Octaware Technologies  (BOM:540416) 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:

Octaware Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Octaware Technologies Net Income Related Terms

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Octaware Technologies (BOM:540416) Business Description

Traded in Other Exchanges
N/A
Address
Makwana Road, Off Andheri-Kurla, 204, Timmy Arcade, Marol, Andheri (East), Mumbai, MH, IND, 400 059
Octaware Technologies Ltd is a software development, enterprise solutions and consulting firm. It serves healthcare, finance, government, education, real estate and construction and other industries. The company services include Enterprise Portal, ERP and CRM Implementation, Software Architecture, Software Development Services, Mobile Solutions, Cloud, Security and IT Infrastructure Services, Geospatial Services and others. Some of its product includes PowerERM; Hospice; iOnAsset; Intelli Trade and others. It also has a presence in the USA, Singapore, UAE, Qatar, Saudi Arabia, and India. Revenue is generated from the sale of services.

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