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Ahasolar Technologies (BOM:543941) Net Income : ₹17.6 Mil (TTM As of Mar. 2023)


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What is Ahasolar 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. Ahasolar Technologies's Net Income for the six months ended in Mar. 2023 was ₹17.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was ₹17.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Ahasolar Technologies's Earnings per Share (Diluted) for the six months ended in Mar. 2023 was ₹5.72.


Ahasolar Technologies Net Income Historical Data

The historical data trend for Ahasolar 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.

Ahasolar Technologies Net Income Chart

Ahasolar Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Net Income
0.21 0.79 6.86 17.64

Ahasolar Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Net Income 0.21 0.79 6.86 17.64

Ahasolar 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

Ahasolar 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
=17.31+0.328+0+3.5527136788005E-15
=17.6

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

Net Income(Q: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=17.31+0.328+0+3.5527136788005E-15
=17.6

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was ₹17.6 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.


Ahasolar Technologies  (BOM:543941) 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:

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


Ahasolar Technologies Net Income Related Terms

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Ahasolar Technologies (BOM:543941) Business Description

Traded in Other Exchanges
N/A
Address
Sattadhar Cross Road, Office No. 207, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061
Ahasolar Technologies Ltd is engaged in the business of Cleantech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry and to cater to it the company developed an AI-based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. The company's core businesses are Solar Software Services, Solar Marketplace, and Solar Advisory and Consultancy services.

Ahasolar Technologies (BOM:543941) Headlines

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