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IB Infotech Enterprises (BOM:519463) Gross Profit : ₹21.61 Mil (TTM As of Dec. 2024)


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What is IB Infotech Enterprises Gross Profit?

IB Infotech Enterprises's gross profit for the three months ended in Dec. 2024 was ₹5.85 Mil. IB Infotech Enterprises's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹21.61 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. IB Infotech Enterprises's gross profit for the three months ended in Dec. 2024 was ₹5.85 Mil. IB Infotech Enterprises's Revenue for the three months ended in Dec. 2024 was ₹8.76 Mil. Therefore, IB Infotech Enterprises's Gross Margin % for the quarter that ended in Dec. 2024 was 66.75%.

IB Infotech Enterprises had a gross margin of 66.75% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of IB Infotech Enterprises was 37.55%. The lowest was 28.32%. And the median was 32.94%.


IB Infotech Enterprises Gross Profit Historical Data

The historical data trend for IB Infotech Enterprises'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.

IB Infotech Enterprises Gross Profit Chart

IB Infotech Enterprises 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 -0.32 -0.27 -0.26 11.23 16.52

IB Infotech Enterprises Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.26 3.77 5.77 6.23 5.85

Competitive Comparison of IB Infotech Enterprises's Gross Profit

For the Information Technology Services subindustry, IB Infotech Enterprises'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.


IB Infotech Enterprises's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, IB Infotech Enterprises's Gross Profit distribution charts can be found below:

* The bar in red indicates where IB Infotech Enterprises's Gross Profit falls into.



IB Infotech Enterprises Gross Profit Calculation

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

IB Infotech Enterprises'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
=58.343 - 41.819
=16.52

IB Infotech Enterprises's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=8.76 - 2.913
=5.85

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹21.61 Mil.

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

IB Infotech Enterprises's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=5.85 / 8.76
=66.75 %

* 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.


IB Infotech Enterprises  (BOM:519463) 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

IB Infotech Enterprises had a gross margin of 66.75% for the quarter that ended in Dec. 2024 => Durable competitive advantage


IB Infotech Enterprises Gross Profit Related Terms

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IB Infotech Enterprises Business Description

Traded in Other Exchanges
N/A
Address
428, Kailash Plaza, Vallabh Baug Lane, Ghatkopar (East), Mumbai, MH, IND, 400075
IB Infotech Enterprises Ltd is involved in the manufacturing, promotion, development, implementation, trading, and dealings of various information technology-related services, electronics, wireless application products, telecommunications, media, and advertising. The company is also engaged in internet technology, IT-enabled services, and data encryption. Its operations are located in India.

IB Infotech Enterprises Headlines

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