Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Torrent Power's Pre-Tax Income for the
three
months ended in Dec. 2023 was ₹5,134 Mil. Torrent Power's Revenue for the
three
months ended in Dec. 2023 was ₹63,661 Mil. Therefore, Torrent Power's pretax margin for the quarter that ended in Dec. 2023 was 8.06%.
The historical rank and industry rank for Torrent Power's Pretax Margin % or its related term are showing as below:
BOM:532779'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.21 Med: 8.53 Max: 12.91
Current: 9.98
BOM:532779's Pretax Margin % is ranked worse than 53.46% of 419
companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.55
vs BOM:532779: 9.98
Torrent Power Pretax Margin % Historical Data
The historical data trend for Torrent Power'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.
Competitive Comparison of Torrent Power's Pretax Margin %
For the Utilities - Independent Power Producers subindustry, Torrent Power'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.
Torrent Power's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Torrent Power's Pretax Margin % falls into.
Torrent Power 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.
Torrent Power's Pretax Margin for the fiscal year 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.
Torrent Power (BOM:532779) 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.
Torrent Power Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Torrent Power's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.
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