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JSW Steel (BOM:500228) Gross Profit : ₹608,760 Mil (TTM As of Sep. 2024)


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What is JSW Steel Gross Profit?

JSW Steel's gross profit for the three months ended in Sep. 2024 was ₹161,990 Mil. JSW Steel's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹608,760 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. JSW Steel's gross profit for the three months ended in Sep. 2024 was ₹161,990 Mil. JSW Steel's Revenue for the three months ended in Sep. 2024 was ₹391,040 Mil. Therefore, JSW Steel's Gross Margin % for the quarter that ended in Sep. 2024 was 41.43%.

JSW Steel had a gross margin of 41.43% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of JSW Steel was 45.25%. The lowest was 33.90%. And the median was 39.65%.

Warning Sign:

JSW Steel Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


JSW Steel Gross Profit Historical Data

The historical data trend for JSW Steel'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.

JSW Steel Gross Profit Chart

JSW Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279,540.00 352,710.00 650,820.00 554,800.00 633,020.00

JSW Steel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 176,530.00 182,390.00 99,310.00 165,070.00 161,990.00

Competitive Comparison of JSW Steel's Gross Profit

For the Steel subindustry, JSW Steel'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.


JSW Steel's Gross Profit Distribution in the Steel Industry

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

* The bar in red indicates where JSW Steel's Gross Profit falls into.



JSW Steel Gross Profit Calculation

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

JSW Steel's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=1725880 - 1092860
=633,020

JSW Steel's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=391040 - 229050
=161,990

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹608,760 Mil.

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

JSW Steel's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=161,990 / 391040
=41.43 %

* 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.


JSW Steel  (BOM:500228) 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

JSW Steel had a gross margin of 41.43% for the quarter that ended in Sep. 2024 => Durable competitive advantage


JSW Steel Gross Profit Related Terms

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JSW Steel Business Description

Traded in Other Exchanges
Address
Bandra Kurla Complex, JSW Centre, Near MMRDA Grounds, Bandra (East), Mumbai, MH, IND, 400051
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.

JSW Steel Headlines

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