Affle India (BOM:542752) Gross Profit : ₹7,174 Mil (TTM As of Mar. 2024)

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What is Affle India Gross Profit?

Affle India's gross profit for the three months ended in Mar. 2024 was ₹1,976 Mil. Affle India's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹7,174 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Affle India's gross profit for the three months ended in Mar. 2024 was ₹1,976 Mil. Affle India's Revenue for the three months ended in Mar. 2024 was ₹5,062 Mil. Therefore, Affle India's Gross Margin % for the quarter that ended in Mar. 2024 was 39.04%.

Affle India had a gross margin of 39.04% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Affle India was 51.25%. The lowest was 28.34%. And the median was 40.68%.

Warning Sign:

Affle India Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.7%.

Affle India Gross Profit Historical Data

The historical data trend for Affle India'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.

Affle India Gross Profit Chart

Affle India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Profit

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1,420.82

2,192.04

4,027.30

5,496.24

7,174.46

Affle India 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															1,394.87	1,583.02	1,701.56	1,913.68	1,976.20

Competitive Comparison of Affle India's Gross Profit

For the Advertising Agencies subindustry, Affle India'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.

Affle India's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Affle India's Gross Profit distribution charts can be found below:

* The bar in red indicates where Affle India's Gross Profit falls into.

Affle India Gross Profit Calculation

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

Affle India'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
	=	18428.11	-	11253.65
	=	7,174

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

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	5062.16	-	3085.96
	=	1,976

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 ₹7,174 Mil.

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

Affle India'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
	=	1,976	/	5062.16
	=	39.04 %

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.

Affle India (BOM:542752) 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

Affle India had a gross margin of 39.04% for the quarter that ended in Mar. 2024 => Competition eroding margins

Affle India Gross Profit Related Terms

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Affle India (BOM:542752) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Affle India Ltd (BOM:542752) » Definitions » Gross Profit

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AFFLE:India

Address

Awfis Unitech Cyber Park, 3rd Floor, Tower-B, Sector-39, Gurugram, HR, IND, 122002

Website

https://www.affle.com

Affle India Ltd is engaged in the global technology business. The activities of the group function through two segments: the Consumer Platform and Enterprise Platform. The Consumer Platform provides services such as new consumer conversions through relevant mobile advertising; retargeting existing consumers to complete transactions for e-commerce companies through relevant mobile advertising; and an online to offline platform that converts online consumer engagement into in-store walk-ins. The Enterprise Platform provides end-to-end solutions for enterprises to enhance their engagement with mobile users. Geographically the activities are carried out throughout India. The company generates the majority of its revenue from the Consumer platform segment.

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