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Kolte-Patil Developers (BOM:532924) Gross Profit : ₹2,955 Mil (TTM As of Mar. 2024)


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What is Kolte-Patil Developers Gross Profit?

Kolte-Patil Developers's gross profit for the three months ended in Mar. 2024 was ₹697 Mil. Kolte-Patil Developers's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹2,955 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kolte-Patil Developers's gross profit for the three months ended in Mar. 2024 was ₹697 Mil. Kolte-Patil Developers's Revenue for the three months ended in Mar. 2024 was ₹5,264 Mil. Therefore, Kolte-Patil Developers's Gross Margin % for the quarter that ended in Mar. 2024 was 13.25%.

Kolte-Patil Developers had a gross margin of 13.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Kolte-Patil Developers was 47.53%. The lowest was 21.54%. And the median was 33.13%.

Warning Sign:

Kolte-Patil Developers Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.5%.


Kolte-Patil Developers Gross Profit Historical Data

The historical data trend for Kolte-Patil Developers'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.

Kolte-Patil Developers Gross Profit Chart

Kolte-Patil Developers 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 3,967.70 1,954.20 3,452.00 3,992.00 2,954.60

Kolte-Patil Developers 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 2,449.10 1,428.50 666.40 162.50 697.20

Competitive Comparison of Kolte-Patil Developers's Gross Profit

For the Real Estate - Development subindustry, Kolte-Patil Developers'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.


Kolte-Patil Developers's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kolte-Patil Developers's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kolte-Patil Developers's Gross Profit falls into.



Kolte-Patil Developers Gross Profit Calculation

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

Kolte-Patil Developers'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
=13714.8 - 10760.2
=2,955

Kolte-Patil Developers's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=5263.8 - 4566.6
=697

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 ₹2,955 Mil.

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

Kolte-Patil Developers'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
=697 / 5263.8
=13.25 %

* 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.


Kolte-Patil Developers  (BOM:532924) 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

Kolte-Patil Developers had a gross margin of 13.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Kolte-Patil Developers Gross Profit Related Terms

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Kolte-Patil Developers (BOM:532924) Business Description

Traded in Other Exchanges
Address
Dhole Patil Road, 2nd Floor, City Point, Pune, MH, IND, 411001
Kolte-Patil Developers Ltd is a real estate company. It is engaged in the construction of residential, commercial, IT Parks, and integrated townships. The company is also engaged in renting immovable properties and providing project management services for managing and developing real estate projects. Some of its projects include Life Republic, Ivy Estate, Green Olive, Tuskan Parkland, etc. The company operates in one geographical segment which is within India.

Kolte-Patil Developers (BOM:532924) Headlines

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