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Ahmedabad Steelcraft (BOM:522273) Net Income : ₹-9.39 Mil (TTM As of Dec. 2023)


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What is Ahmedabad Steelcraft Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Ahmedabad Steelcraft's Net Income for the three months ended in Dec. 2023 was ₹-1.25 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-9.39 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Ahmedabad Steelcraft's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was ₹-0.30.


Ahmedabad Steelcraft Net Income Historical Data

The historical data trend for Ahmedabad Steelcraft's Net Income 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.

Ahmedabad Steelcraft Net Income Chart

Ahmedabad Steelcraft Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.44 -9.08 -2.26 -6.01 -6.57

Ahmedabad Steelcraft Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 -1.92 1.02 -1.51 -7.66 -1.25

Ahmedabad Steelcraft Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Ahmedabad Steelcraft's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-6.232+-0.343+0+0.0010000000000003
=-6.57

Ahmedabad Steelcraft's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.174+-0.072+0+0
=-1.25

Net Income 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 ₹-9.39 Mil.

* 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.


Ahmedabad Steelcraft  (BOM:522273) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Ahmedabad Steelcraft's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Ahmedabad Steelcraft Net Income Related Terms

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Ahmedabad Steelcraft (BOM:522273) Business Description

Traded in Other Exchanges
N/A
Address
Ambli Bopal Road, 604, North Tower, One-42 Complex, Behind Ashok Vatika, Near Jayantilal Park BRTS, Ahmedabad, GJ, IND, 380 006
Ahmedabad Steelcraft Ltd is engaged in the business of trading and exporting of steel windows and door sections. It offers various kinds of mild steel products, such as Sections, Angles, Flats, Flat bars and squares, Rounds, Beams, Channels, and Plates. The products are used in various industries like the steel angles are used in constructions, transmission and telecommunication towers and architectural applications; Steel Flat Bars are versatile product commonly used in fabrication work, for making frames and structures; and whereas the Plates have usages in a wide variety of application in all sectors of the Engineering Industries.

Ahmedabad Steelcraft (BOM:522273) Headlines

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