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Amarjothi Spinning Mills (BOM:521097) Gross Profit : ₹861 Mil (TTM As of Mar. 2024)


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What is Amarjothi Spinning Mills Gross Profit?

Amarjothi Spinning Mills's gross profit for the three months ended in Mar. 2024 was ₹264 Mil. Amarjothi Spinning Mills's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹861 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Amarjothi Spinning Mills's gross profit for the three months ended in Mar. 2024 was ₹264 Mil. Amarjothi Spinning Mills's Revenue for the three months ended in Mar. 2024 was ₹817 Mil. Therefore, Amarjothi Spinning Mills's Gross Margin % for the quarter that ended in Mar. 2024 was 32.32%.

Amarjothi Spinning Mills had a gross margin of 32.32% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Amarjothi Spinning Mills was 49.70%. The lowest was 24.75%. And the median was 34.07%.


Amarjothi Spinning Mills Gross Profit Historical Data

The historical data trend for Amarjothi Spinning Mills'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.

Amarjothi Spinning Mills Gross Profit Chart

Amarjothi Spinning Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 597.55 569.52 635.57 913.20 860.54

Amarjothi Spinning Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 254.97 191.63 200.69 204.07 264.15

Competitive Comparison of Amarjothi Spinning Mills's Gross Profit

For the Textile Manufacturing subindustry, Amarjothi Spinning Mills'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.


Amarjothi Spinning Mills's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Amarjothi Spinning Mills's Gross Profit distribution charts can be found below:

* The bar in red indicates where Amarjothi Spinning Mills's Gross Profit falls into.



Amarjothi Spinning Mills Gross Profit Calculation

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

Amarjothi Spinning Mills's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=2018.909 - 1158.374
=861

Amarjothi Spinning Mills's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=817.368 - 553.218
=264

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹861 Mil.

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

Amarjothi Spinning Mills's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=264 / 817.368
=32.32 %

* 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.


Amarjothi Spinning Mills  (BOM:521097) 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

Amarjothi Spinning Mills had a gross margin of 32.32% for the quarter that ended in Mar. 2024 => Competition eroding margins


Amarjothi Spinning Mills Gross Profit Related Terms

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Amarjothi Spinning Mills (BOM:521097) Business Description

Traded in Other Exchanges
N/A
Address
157, Kumaran Road, Amarjothi House, Tirupur, TN, IND, 641601
Amarjothi Spinning Mills Ltd is engaged in the spinning, dyeing, and blending of yarn. The company owns windmills for captive consumption purposes. Further, it offers blended melange yarns products such as cotton, viscose, polyester, modal, synthetic fiber, man-made fiber, bamboo, flax, and slub yarns, as well as non-blended melange yarns and melange shades. Geographically business activity of the firm is operated through the regions of India and derives revenue from the sale of products.

Amarjothi Spinning Mills (BOM:521097) Headlines

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