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Global Surfaces (BOM:543829) Gross Profit : ₹888 Mil (TTM As of Mar. 2024)


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What is Global Surfaces Gross Profit?

Global Surfaces's gross profit for the three months ended in Mar. 2024 was ₹391 Mil. Global Surfaces's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹888 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Global Surfaces's gross profit for the three months ended in Mar. 2024 was ₹391 Mil. Global Surfaces's Revenue for the three months ended in Mar. 2024 was ₹1,086 Mil. Therefore, Global Surfaces's Gross Margin % for the quarter that ended in Mar. 2024 was 36.00%.

Global Surfaces had a gross margin of 36.00% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Global Surfaces was 52.58%. The lowest was 40.80%. And the median was 44.45%.


Global Surfaces Gross Profit Historical Data

The historical data trend for Global Surfaces'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.

Global Surfaces Gross Profit Chart

Global Surfaces Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
679.26 775.80 771.78 936.30 1,067.14

Global Surfaces Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 202.14 19.93 239.22 237.58 391.02

Competitive Comparison of Global Surfaces's Gross Profit

For the Building Materials subindustry, Global Surfaces'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.


Global Surfaces's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Global Surfaces's Gross Profit distribution charts can be found below:

* The bar in red indicates where Global Surfaces's Gross Profit falls into.



Global Surfaces Gross Profit Calculation

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

Global Surfaces'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
=2252.91 - 1185.77
=1,067

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1086.21 - 695.19
=391

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 ₹888 Mil.

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

Global Surfaces'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
=391 / 1086.21
=36.00 %

* 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.


Global Surfaces  (BOM:543829) 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

Global Surfaces had a gross margin of 36.00% for the quarter that ended in Mar. 2024 => Competition eroding margins


Global Surfaces Gross Profit Related Terms

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Global Surfaces (BOM:543829) Business Description

Traded in Other Exchanges
Address
Plot No. PA-10-006, Engineering and Related Industries SEZ, Mahindra World City Tehsil-Sanganer, Jaipur, RJ, IND, 302037
Global Surfaces Ltd is engaged in processing natural stones and manufacturing engineered quartz. The Natural stones are produced through complex geological processes and forms various products like granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth.

Global Surfaces (BOM:543829) Headlines

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