GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nagreeka Exports Ltd (BOM:521109) » Definitions » Gross Profit

Nagreeka Exports (BOM:521109) Gross Profit : ₹1,203 Mil (TTM As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Nagreeka Exports Gross Profit?

Nagreeka Exports's gross profit for the three months ended in Mar. 2024 was ₹293 Mil. Nagreeka Exports's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,203 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nagreeka Exports's gross profit for the three months ended in Mar. 2024 was ₹293 Mil. Nagreeka Exports's Revenue for the three months ended in Mar. 2024 was ₹1,390 Mil. Therefore, Nagreeka Exports's Gross Margin % for the quarter that ended in Mar. 2024 was 21.09%.

Nagreeka Exports had a gross margin of 21.09% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Nagreeka Exports was 15.92%. The lowest was 9.25%. And the median was 11.85%.


Nagreeka Exports Gross Profit Historical Data

The historical data trend for Nagreeka Exports'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.

Nagreeka Exports Gross Profit Chart

Nagreeka Exports 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 483.16 470.75 833.92 979.83 1,203.23

Nagreeka Exports 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 294.80 289.74 304.77 315.46 293.26

Competitive Comparison of Nagreeka Exports's Gross Profit

For the Textile Manufacturing subindustry, Nagreeka Exports'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.


Nagreeka Exports's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Nagreeka Exports's Gross Profit falls into.



Nagreeka Exports Gross Profit Calculation

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

Nagreeka Exports'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
=5590.311 - 4387.08
=1,203

Nagreeka Exports's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1390.351 - 1097.087
=293

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 ₹1,203 Mil.

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

Nagreeka Exports'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
=293 / 1390.351
=21.09 %

* 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.


Nagreeka Exports  (BOM:521109) 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

Nagreeka Exports had a gross margin of 21.09% for the quarter that ended in Mar. 2024 => Competition eroding margins


Nagreeka Exports Gross Profit Related Terms

Thank you for viewing the detailed overview of Nagreeka Exports's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Nagreeka Exports (BOM:521109) Business Description

Traded in Other Exchanges
Address
3, Mathew Road, 7, Kala Bhavan, Opera House, Mumbai, MH, IND, 400004
Nagreeka Exports Ltd is a manufacturer of yarns, textiles, cotton, and other products. It operates in a single segment that is the Textile business. The company manufactures Dyed Yarn, Cotton Yarn, Knitted Fabric, Bleached Cotton, Fine Cotton, and Cloth. Geographically, it generates the majority of the revenue from outside India.

Nagreeka Exports (BOM:521109) Headlines

No Headlines