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Crescent Steel & Allied Products (KAR:CSAP) Gross Profit : ₨1,806 Mil (TTM As of Mar. 2024)


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What is Crescent Steel & Allied Products Gross Profit?

Crescent Steel & Allied Products's gross profit for the three months ended in Mar. 2024 was ₨247 Mil. Crescent Steel & Allied Products's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₨1,806 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Crescent Steel & Allied Products's gross profit for the three months ended in Mar. 2024 was ₨247 Mil. Crescent Steel & Allied Products's Revenue for the three months ended in Mar. 2024 was ₨1,383 Mil. Therefore, Crescent Steel & Allied Products's Gross Margin % for the quarter that ended in Mar. 2024 was 17.88%.

Crescent Steel & Allied Products had a gross margin of 17.88% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Crescent Steel & Allied Products was 27.83%. The lowest was -4.52%. And the median was 4.44%.


Crescent Steel & Allied Products Gross Profit Historical Data

The historical data trend for Crescent Steel & Allied Products'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.

Crescent Steel & Allied Products Gross Profit Chart

Crescent Steel & Allied Products Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -291.49 -163.13 252.84 -154.55 580.44

Crescent Steel & Allied Products 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 264.75 391.76 311.32 855.26 247.31

Competitive Comparison of Crescent Steel & Allied Products's Gross Profit

For the Steel subindustry, Crescent Steel & Allied Products'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.


Crescent Steel & Allied Products's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Crescent Steel & Allied Products's Gross Profit distribution charts can be found below:

* The bar in red indicates where Crescent Steel & Allied Products's Gross Profit falls into.



Crescent Steel & Allied Products Gross Profit Calculation

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

Crescent Steel & Allied Products's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=4320.144 - 3739.705
=580

Crescent Steel & Allied Products's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1383.218 - 1135.908
=247

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 ₨1,806 Mil.

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

Crescent Steel & Allied Products'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
=247 / 1383.218
=17.88 %

* 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.


Crescent Steel & Allied Products  (KAR:CSAP) 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

Crescent Steel & Allied Products had a gross margin of 17.88% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Crescent Steel & Allied Products Gross Profit Related Terms

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Crescent Steel & Allied Products (KAR:CSAP) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Sidco Avenue Centre, 264 R.A. Lines, Karachi, SD, PAK, 74200
Crescent Steel & Allied Products Ltd has diversified businesses. The company's operating segment includes Steel; Cotton; Investment and Infrastructure Development (IID), Energy and Hadeed(Steel Billet) Divison. The steel segment comprises of manufacturing and coating of steel pipes which generates maximum revenue. Geographically, it derives a majority of revenue from Pakistan.

Crescent Steel & Allied Products (KAR:CSAP) Headlines

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