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TTK Prestige (BOM:517506) Gross Profit : ₹11,028 Mil (TTM As of Mar. 2024)


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What is TTK Prestige Gross Profit?

TTK Prestige's gross profit for the three months ended in Mar. 2024 was ₹2,541 Mil. TTK Prestige's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹11,028 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TTK Prestige's gross profit for the three months ended in Mar. 2024 was ₹2,541 Mil. TTK Prestige's Revenue for the three months ended in Mar. 2024 was ₹6,226 Mil. Therefore, TTK Prestige's Gross Margin % for the quarter that ended in Mar. 2024 was 40.81%.

TTK Prestige had a gross margin of 40.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of TTK Prestige was 41.25%. The lowest was 38.96%. And the median was 40.70%.


TTK Prestige Gross Profit Historical Data

The historical data trend for TTK Prestige'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.

TTK Prestige Gross Profit Chart

TTK Prestige 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 8,459.70 8,917.70 10,905.00 11,163.90 11,027.90

TTK Prestige Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,376.00 2,521.20 2,984.40 2,981.70 2,540.60

Competitive Comparison of TTK Prestige's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, TTK Prestige'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.


TTK Prestige's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TTK Prestige's Gross Profit distribution charts can be found below:

* The bar in red indicates where TTK Prestige's Gross Profit falls into.



TTK Prestige Gross Profit Calculation

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

TTK Prestige'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
=26780.5 - 15752.6
=11,028

TTK Prestige's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6225.6 - 3685
=2,541

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹11,028 Mil.

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

TTK Prestige's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,541 / 6225.6
=40.81 %

* 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.


TTK Prestige  (BOM:517506) 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

TTK Prestige had a gross margin of 40.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage


TTK Prestige Gross Profit Related Terms

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TTK Prestige (BOM:517506) Business Description

Traded in Other Exchanges
Address
1/1 & 1/2 Nagarjuna Castle, Wood Street, Richmond Town, Bengaluru, KA, IND, 560025
TTK Prestige Ltd is an Indian company that sells a variety of kitchen appliances and products. Although it primarily operates and manufactures its products in India, the company also exports its products to the U.S., Europe, South Africa, Kenya, Australia, Singapore, the Middle East, and Sri Lanka. Its kitchen appliances are divided into the Pressure Cookers group, Cookware group, Kitchen group, and Gas Stoves group among others. The majority of the company's revenue is derived from its operations in India. Despite traditionally selling pressure cookers, the company has shifted its model to be a complete kitchen solution provider. The core brands of the company include Prestige, Prestige Smart Kitchen, and others.

TTK Prestige (BOM:517506) Headlines

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