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Glittek Granites (BOM:513528) Pretax Margin % : -146.04% (As of Dec. 2023)


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What is Glittek Granites Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Glittek Granites's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-14.8 Mil. Glittek Granites's Revenue for the three months ended in Dec. 2023 was ₹10.1 Mil. Therefore, Glittek Granites's pretax margin for the quarter that ended in Dec. 2023 was -146.04%.

The historical rank and industry rank for Glittek Granites's Pretax Margin % or its related term are showing as below:

BOM:513528' s Pretax Margin % Range Over the Past 10 Years
Min: -26.99   Med: -2.54   Max: 3.73
Current: -26.84


BOM:513528's Pretax Margin % is ranked worse than
92% of 1649 companies
in the Construction industry
Industry Median: 4.52 vs BOM:513528: -26.84

Glittek Granites Pretax Margin % Historical Data

The historical data trend for Glittek Granites's Pretax Margin % 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.

Glittek Granites Pretax Margin % Chart

Glittek Granites Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.81 -9.74 -26.99 -25.43 -6.44

Glittek Granites Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % 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 11.85 11.42 -33.23 -66.77 -146.04

Competitive Comparison of Glittek Granites's Pretax Margin %

For the Building Products & Equipment subindustry, Glittek Granites's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Glittek Granites's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Glittek Granites's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Glittek Granites's Pretax Margin % falls into.



Glittek Granites Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Glittek Granites's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-8.623/133.868
=-6.44 %

Glittek Granites's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-14.817/10.146
=-146.04 %

* 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.


Glittek Granites  (BOM:513528) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Glittek Granites Pretax Margin % Related Terms

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Glittek Granites (BOM:513528) Business Description

Traded in Other Exchanges
N/A
Address
224, A. J. C. Bose Road, Krishna - 711, Kolkata, WB, IND, 700017
Glittek Granites Ltd is engaged in the manufacturing of granite tiles and slabs. It is engaged in the processing and export of granite, marble, Sand Stone, and other stone products. The company offers granite tiles, such as Black Pearl, Hassan Green, Imperial White, Ivory Chiffon, Kashmir Gold, Madura Gold, and many more. The main market for the company's product is the USA, South Africa, Canada, the UK, UAE, Europe, and Australia.

Glittek Granites (BOM:513528) Headlines

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