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Triveni Turbine (NSE:TRITURBINE) Gross-Profit-to-Asset % : 55.95% (As of Mar. 2024)


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What is Triveni Turbine Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Triveni Turbine's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹9,253 Mil. Triveni Turbine's average Total Assets over the quarter that ended in Mar. 2024 was ₹16,537 Mil. Therefore, Triveni Turbine's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 55.95%.


Triveni Turbine Gross-Profit-to-Asset % Historical Data

The historical data trend for Triveni Turbine's Gross-Profit-to-Asset % 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.

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Triveni Turbine Gross-Profit-to-Asset % Chart

Triveni Turbine Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.28 37.37 31.43 44.90 55.77

Triveni Turbine Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 57.23 57.84 47.82 55.07 55.95

Competitive Comparison of Triveni Turbine's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Triveni Turbine's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Triveni Turbine's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Triveni Turbine's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Triveni Turbine's Gross-Profit-to-Asset % falls into.



Triveni Turbine Gross-Profit-to-Asset % Calculation

Triveni Turbine's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=8347.5/( (13398.82+16536.7)/ 2 )
=8347.5/14967.76
=55.77 %

Triveni Turbine's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=9252.8/( (0+16536.7)/ 1 )
=9252.8/16536.7
=55.95 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Triveni Turbine (NSE:TRITURBINE) Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

Triveni Turbine (NSE:TRITURBINE) Headlines

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