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Scarnose International (BOM:543537) Gross Profit : ₹-2.2 Mil (TTM As of Sep. 2023)


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What is Scarnose International Gross Profit?

Scarnose International's gross profit for the six months ended in Sep. 2023 was ₹-0.7 Mil. Scarnose International's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₹-2.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Scarnose International's gross profit for the six months ended in Sep. 2023 was ₹-0.7 Mil. Scarnose International's Revenue for the six months ended in Sep. 2023 was ₹134.5 Mil. Therefore, Scarnose International's Gross Margin % for the quarter that ended in Sep. 2023 was -0.52%.

Scarnose International had a gross margin of -0.52% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 3 years, the highest Gross Margin % of Scarnose International was 4.30%. The lowest was -0.63%. And the median was 2.15%.


Scarnose International Gross Profit Historical Data

The historical data trend for Scarnose International'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.

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Scarnose International Gross Profit Chart

Scarnose International Annual Data
Trend Mar20 Mar21 Mar22
Gross Profit
0.51 14.00 20.61

Scarnose International Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial - - 5.08 -1.50 -0.70

Competitive Comparison of Scarnose International's Gross Profit

For the Textile Manufacturing subindustry, Scarnose International'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.


Scarnose International's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Scarnose International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Scarnose International's Gross Profit falls into.



Scarnose International Gross Profit Calculation

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

Scarnose International's Gross Profit for the fiscal year that ended in Mar. 2022 is calculated as

Gross Profit (A: Mar. 2022 )=Revenue - Cost of Goods Sold
=956.458 - 935.849
=20.6

Scarnose International's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=134.507 - 135.204
=-0.7

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-2.2 Mil.

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

Scarnose International's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.7 / 134.507
=-0.52 %

* 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.


Scarnose International  (BOM:543537) 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

Scarnose International had a gross margin of -0.52% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Scarnose International Gross Profit Related Terms

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Scarnose International (BOM:543537) Business Description

Traded in Other Exchanges
N/A
Address
Off C. G. Road, 503, Sun Square, Nr Hotel Nest, Navrangpura, Ahmedabad, GJ, IND, 380006
Scarnose International Ltd manufactures and trades agricultural commodities such as cotton trading, garment manufacturing, yarn trading, and fabric trading. The companies product portfolio includes raw cotton, cotton bales, yarn and garments for ladies.

Scarnose International (BOM:543537) Headlines

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