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Aveer Foods (BOM:543737) Gross Profit : ₹417 Mil (TTM As of Sep. 2024)


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What is Aveer Foods Gross Profit?

Aveer Foods's gross profit for the three months ended in Sep. 2024 was ₹114 Mil. Aveer Foods's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹417 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aveer Foods's gross profit for the three months ended in Sep. 2024 was ₹114 Mil. Aveer Foods's Revenue for the three months ended in Sep. 2024 was ₹263 Mil. Therefore, Aveer Foods's Gross Margin % for the quarter that ended in Sep. 2024 was 43.21%.

Aveer Foods had a gross margin of 43.21% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Aveer Foods was 43.44%. The lowest was 35.17%. And the median was 42.32%.


Aveer Foods Gross Profit Historical Data

The historical data trend for Aveer Foods'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.

Aveer Foods Gross Profit Chart

Aveer Foods Annual Data
Trend Mar22 Mar23 Mar24
Gross Profit
278.46 423.95 407.97

Aveer Foods Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 99.61 95.44 100.57 107.14 113.76

Competitive Comparison of Aveer Foods's Gross Profit

For the Farm Products subindustry, Aveer Foods'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.


Aveer Foods's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Aveer Foods's Gross Profit distribution charts can be found below:

* The bar in red indicates where Aveer Foods's Gross Profit falls into.



Aveer Foods Gross Profit Calculation

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

Aveer Foods'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
=963.98 - 556.012
=408

Aveer Foods's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=263.293 - 149.534
=114

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹417 Mil.

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

Aveer Foods's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=114 / 263.293
=43.21 %

* 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.


Aveer Foods  (BOM:543737) 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

Aveer Foods had a gross margin of 43.21% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Aveer Foods Gross Profit Related Terms

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Aveer Foods Business Description

Traded in Other Exchanges
N/A
Address
Plot 55/4/5 6, Hadapsar Industrial Estate, Near Tata Honeywell, Pune, MH, IND, 411013
Aveer Foods Ltd engages in the manufacturing of food products dealing in Agricultural and Horticultural Farm produce. Its domestic product portfolio includes pickles, Chutneys, Sauces, Thecha, Special range, Ketchup, and Papad.

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