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Chennai Meenakshi Multispeciality Hospital (BOM:523489) Pretax Margin % : -1.39% (As of Dec. 2023)


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What is Chennai Meenakshi Multispeciality Hospital Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chennai Meenakshi Multispeciality Hospital's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-1.1 Mil. Chennai Meenakshi Multispeciality Hospital's Revenue for the three months ended in Dec. 2023 was ₹76.7 Mil. Therefore, Chennai Meenakshi Multispeciality Hospital's pretax margin for the quarter that ended in Dec. 2023 was -1.39%.

The historical rank and industry rank for Chennai Meenakshi Multispeciality Hospital's Pretax Margin % or its related term are showing as below:

BOM:523489' s Pretax Margin % Range Over the Past 10 Years
Min: -6.44   Med: 2.43   Max: 12.7
Current: 2.14


BOM:523489's Pretax Margin % is ranked worse than
52.37% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 2.63 vs BOM:523489: 2.14

Chennai Meenakshi Multispeciality Hospital Pretax Margin % Historical Data

The historical data trend for Chennai Meenakshi Multispeciality Hospital's Pretax Margin % 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.

Chennai Meenakshi Multispeciality Hospital Pretax Margin % Chart

Chennai Meenakshi Multispeciality Hospital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 2.14 -6.44 12.70 4.50

Chennai Meenakshi Multispeciality Hospital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % 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 4.95 8.66 0.23 0.85 -1.39

Competitive Comparison of Chennai Meenakshi Multispeciality Hospital's Pretax Margin %

For the Medical Care Facilities subindustry, Chennai Meenakshi Multispeciality Hospital's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Chennai Meenakshi Multispeciality Hospital's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chennai Meenakshi Multispeciality Hospital's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Chennai Meenakshi Multispeciality Hospital's Pretax Margin % falls into.



Chennai Meenakshi Multispeciality Hospital Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Chennai Meenakshi Multispeciality Hospital's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=12.805/284.378
=4.50 %

Chennai Meenakshi Multispeciality Hospital's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-1.064/76.714
=-1.39 %

* 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.


Chennai Meenakshi Multispeciality Hospital  (BOM:523489) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Chennai Meenakshi Multispeciality Hospital Pretax Margin % Related Terms

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Chennai Meenakshi Multispeciality Hospital (BOM:523489) Business Description

Traded in Other Exchanges
N/A
Address
Luz Church Road, New No. 70, Old No. 149, Mylapore, Chennai, TN, IND, 600004
Website
Chennai Meenakshi Multispeciality Hospital Ltd is an India-based company engaged in hospital activities. It provides healthcare and pharmacy services. The hospital offers facilities like outpatient services, operation theatre, dialysis center, diagnostic services, and other facilities. It consists of departments like Cardiology Department, Casualty Department, Diagnostic Services, Intensive Care Unit, Nephrology Department, Physiotherapy Department, and others. The majority of the revenue is derived from providing inpatient and outpatient facilities.

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