GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advance Metering Technology Ltd (BOM:534612) » Definitions » Net Income

Advance Metering Technology (BOM:534612) Net Income : ₹-21.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Advance Metering Technology 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. Advance Metering Technology's Net Income for the three months ended in Dec. 2023 was ₹4.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-21.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Advance Metering Technology's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was ₹0.29.


Advance Metering Technology Net Income Historical Data

The historical data trend for Advance Metering Technology'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.

Advance Metering Technology Net Income Chart

Advance Metering Technology 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 4.87 -189.71 -83.80 -26.79 55.01

Advance Metering Technology 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 102.62 -30.05 -1.09 5.05 4.63

Advance Metering Technology 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

Advance Metering Technology'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
=55.158+-0.146+0+0
=55.0

Advance Metering Technology'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
=4.634+0+0+0
=4.6

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 ₹-21.5 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.


Advance Metering Technology  (BOM:534612) 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:

Advance Metering Technology'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.


Advance Metering Technology Net Income Related Terms

Thank you for viewing the detailed overview of Advance Metering Technology's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Advance Metering Technology (BOM:534612) Business Description

Traded in Other Exchanges
N/A
Address
C-4 to C-11, Hosiery Complex, Phase II Extension, Noida, UP, IND, 201305
Advance Metering Technology Ltd is engaged in manufacturing and selling energy meters, provides technical services relating to the energy sector, and in the business of wind power generation through windmills/ other renewable energy sources. The company is operating in two segments: Power Generation and Meters and others. The power Generation segment offers the sale of electricity generation through Wind. The meter and Others segment offers the Sale of energy meters and others, Rental Income, installation services, estate management services, and EPC work. The majority of its revenue is generated from the Meters and other segments.

Advance Metering Technology (BOM:534612) Headlines

No Headlines