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Grasim Industries (Grasim Industries) Gross Profit : $7,440 Mil (TTM As of Dec. 2023)


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What is Grasim Industries Gross Profit?

Grasim Industries's gross profit for the three months ended in Dec. 2023 was $2,085 Mil. Grasim Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $7,440 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grasim Industries's gross profit for the three months ended in Dec. 2023 was $2,085 Mil. Grasim Industries's Revenue for the three months ended in Dec. 2023 was $3,840 Mil. Therefore, Grasim Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 54.31%.

Grasim Industries had a gross margin of 54.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Grasim Industries was 53.55%. The lowest was 45.18%. And the median was 49.06%.


Grasim Industries Gross Profit Historical Data

The historical data trend for Grasim Industries's Gross Profit 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.

Grasim Industries Gross Profit Chart

Grasim Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,960.18 4,736.21 5,569.89 6,343.16 6,935.04

Grasim Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 1,802.06 1,562.23 1,957.45 1,834.50 2,085.36

Competitive Comparison of Grasim Industries's Gross Profit

For the Building Materials subindustry, Grasim Industries's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Grasim Industries's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grasim Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Grasim Industries's Gross Profit falls into.



Grasim Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Grasim Industries's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=14209.388 - 7274.345
=6,935

Grasim Industries's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3839.513 - 1754.151
=2,085

Gross Profit 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 $7,440 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Grasim Industries's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,085 / 3839.513
=54.31 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Grasim Industries  (OTCPK:GRSXY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Grasim Industries had a gross margin of 54.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Grasim Industries Gross Profit Related Terms

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Grasim Industries (Grasim Industries) Business Description

Traded in Other Exchanges
Address
Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (Grasim Industries) Headlines

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