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Virtuoso OptoElectronics (BOM:543597) Gross Profit : ₹734 Mil (TTM As of Mar. 2024)


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What is Virtuoso OptoElectronics Gross Profit?

Virtuoso OptoElectronics's gross profit for the six months ended in Mar. 2024 was ₹414 Mil. Virtuoso OptoElectronics's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹734 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Virtuoso OptoElectronics's gross profit for the six months ended in Mar. 2024 was ₹414 Mil. Virtuoso OptoElectronics's Revenue for the six months ended in Mar. 2024 was ₹2,926 Mil. Therefore, Virtuoso OptoElectronics's Gross Margin % for the quarter that ended in Mar. 2024 was 14.15%.

Virtuoso OptoElectronics had a gross margin of 14.15% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Virtuoso OptoElectronics was 15.60%. The lowest was 12.39%. And the median was 13.88%.


Virtuoso OptoElectronics Gross Profit Historical Data

The historical data trend for Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics Gross Profit Chart

Virtuoso OptoElectronics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
106.38 163.83 277.86 414.39 734.31

Virtuoso OptoElectronics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Profit Get a 7-Day Free Trial - 194.52 219.87 320.38 413.93

Competitive Comparison of Virtuoso OptoElectronics's Gross Profit

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.


Virtuoso OptoElectronics's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Virtuoso OptoElectronics's Gross Profit distribution charts can be found below:

* The bar in red indicates where Virtuoso OptoElectronics's Gross Profit falls into.



Virtuoso OptoElectronics Gross Profit Calculation

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

Virtuoso OptoElectronics'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
=5310.645 - 4576.337
=734

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2926.218 - 2512.287
=414

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹734 Mil.

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

Virtuoso OptoElectronics'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
=414 / 2926.218
=14.15 %

* 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.


Virtuoso OptoElectronics  (BOM:543597) 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

Virtuoso OptoElectronics had a gross margin of 14.15% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Virtuoso OptoElectronics Gross Profit Related Terms

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Virtuoso OptoElectronics (BOM:543597) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007
Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

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