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Grasim Industries (Grasim Industries) Pretax Margin % : 10.86% (As of Dec. 2023)


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What is Grasim Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grasim Industries's Pre-Tax Income for the three months ended in Dec. 2023 was $417 Mil. Grasim Industries's Revenue for the three months ended in Dec. 2023 was $3,840 Mil. Therefore, Grasim Industries's pretax margin for the quarter that ended in Dec. 2023 was 10.86%.

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

GRSXY' s Pretax Margin % Range Over the Past 10 Years
Min: 6.77   Med: 12.45   Max: 16.71
Current: 10.47


GRSXY's Pretax Margin % is ranked better than
63.52% of 381 companies
in the Building Materials industry
Industry Median: 7.37 vs GRSXY: 10.47

Grasim Industries Pretax Margin % Historical Data

The historical data trend for Grasim Industries'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.

Grasim Industries Pretax Margin % Chart

Grasim Industries 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 6.77 8.74 12.90 13.31 12.60

Grasim Industries 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 17.76 10.43 11.07 9.47 10.86

Competitive Comparison of Grasim Industries's Pretax Margin %

For the Building Materials subindustry, Grasim Industries'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.


Grasim Industries's Pretax Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grasim Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grasim Industries's Pretax Margin % falls into.



Grasim Industries 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.

Grasim Industries'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 )
=1790.122/14209.388
=12.60 %

Grasim Industries'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 )
=417.006/3839.513
=10.86 %

* 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.


Grasim Industries  (OTCPK:GRSXY) 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.


Grasim Industries Pretax Margin % Related Terms

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Grasim Industries (Grasim Industries) Business Description

Traded in Other Exchanges
Address
Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (Grasim Industries) Headlines

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