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Incredible Industries (BOM:538365) Gross Profit : ₹242 Mil (TTM As of Dec. 2024)


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What is Incredible Industries Gross Profit?

Incredible Industries's gross profit for the three months ended in Dec. 2024 was ₹117 Mil. Incredible Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹242 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Incredible Industries's gross profit for the three months ended in Dec. 2024 was ₹117 Mil. Incredible Industries's Revenue for the three months ended in Dec. 2024 was ₹1,619 Mil. Therefore, Incredible Industries's Gross Margin % for the quarter that ended in Dec. 2024 was 7.24%.

Incredible Industries had a gross margin of 7.24% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Incredible Industries was 16.24%. The lowest was 2.29%. And the median was 6.90%.

Warning Sign:

Incredible Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -19.6%.


Incredible Industries Gross Profit Historical Data

The historical data trend for Incredible Industries'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.

Incredible Industries Gross Profit Chart

Incredible Industries 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 319.80 339.50 201.51 161.33 185.21

Incredible Industries 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 125.77 -201.75 126.85 200.05 117.26

Competitive Comparison of Incredible Industries's Gross Profit

For the Steel subindustry, Incredible Industries'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.


Incredible Industries's Gross Profit Distribution in the Steel Industry

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

* The bar in red indicates where Incredible Industries's Gross Profit falls into.


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Incredible Industries Gross Profit Calculation

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

Incredible Industries'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
=7818.032 - 7632.826
=185

Incredible Industries's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1618.656 - 1501.393
=117

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 ₹242 Mil.

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

Incredible Industries'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
=117 / 1618.656
=7.24 %

* 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.


Incredible Industries  (BOM:538365) 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

Incredible Industries had a gross margin of 7.24% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Incredible Industries Gross Profit Related Terms

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Incredible Industries Business Description

Traded in Other Exchanges
Address
2/1A, Sarat Bose Road, Lansdowne Towers, Kolkata, WB, IND, 700020
Incredible Industries Ltd is engaged in the manufacturing and sale of iron and steel-related rolled products. It is engaged in the production of wire rods, H.B wire rods, and thermomechanically treated(TMT) bars which are mainly used in the construction and infrastructure as well as in the manufacturing units. The firm operates through the iron and steel products segment.

Incredible Industries Headlines

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