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Steel Authority Of India (Steel Authority Of India) Gross Profit : $6,189 Mil (TTM As of Dec. 2023)


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What is Steel Authority Of India Gross Profit?

Steel Authority Of India's gross profit for the three months ended in Dec. 2023 was $1,458 Mil. Steel Authority Of India's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $6,189 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Steel Authority Of India's gross profit for the three months ended in Dec. 2023 was $1,458 Mil. Steel Authority Of India's Revenue for the three months ended in Dec. 2023 was $2,805 Mil. Therefore, Steel Authority Of India's Gross Margin % for the quarter that ended in Dec. 2023 was 51.98%.

Steel Authority Of India had a gross margin of 51.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Steel Authority Of India was 58.82%. The lowest was 42.73%. And the median was 46.76%.


Steel Authority Of India Gross Profit Historical Data

The historical data trend for Steel Authority Of India'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.

Steel Authority Of India Gross Profit Chart

Steel Authority Of India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,463.72 4,201.46 4,767.27 7,988.79 5,764.50

Steel Authority Of India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,393.84 1,654.39 1,372.81 1,704.15 1,457.73

Competitive Comparison of Steel Authority Of India's Gross Profit

For the Steel subindustry, Steel Authority Of India'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.


Steel Authority Of India's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Authority Of India's Gross Profit distribution charts can be found below:

* The bar in red indicates where Steel Authority Of India's Gross Profit falls into.



Steel Authority Of India Gross Profit Calculation

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

Steel Authority Of India's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=12696.264 - 6931.764
=5,765

Steel Authority Of India's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2804.507 - 1346.779
=1,458

Gross Profit 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 $6,189 Mil.

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

Steel Authority Of India's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,458 / 2804.507
=51.98 %

* 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.


Steel Authority Of India  (OTCPK:SAUKF) 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

Steel Authority Of India had a gross margin of 51.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Steel Authority Of India Gross Profit Related Terms

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Steel Authority Of India (Steel Authority Of India) Business Description

Traded in Other Exchanges
Address
Lodi Road, Ispat Bhawan, New Delhi, IND, 110003
Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.

Steel Authority Of India (Steel Authority Of India) Headlines