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Qualitek Labs (BOM:544091) Gross Profit : ₹308.7 Mil (TTM As of Sep. 2024)


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What is Qualitek Labs Gross Profit?

Qualitek Labs's gross profit for the six months ended in Sep. 2024 was ₹173.6 Mil. Qualitek Labs's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹308.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Qualitek Labs's gross profit for the six months ended in Sep. 2024 was ₹173.6 Mil. Qualitek Labs's Revenue for the six months ended in Sep. 2024 was ₹209.3 Mil. Therefore, Qualitek Labs's Gross Margin % for the quarter that ended in Sep. 2024 was 82.93%.

Qualitek Labs had a gross margin of 82.93% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Qualitek Labs was 84.23%. The lowest was 76.27%. And the median was 79.01%.


Qualitek Labs Gross Profit Historical Data

The historical data trend for Qualitek Labs'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.

Qualitek Labs Gross Profit Chart

Qualitek Labs Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Profit
48.47 101.17 148.89 234.08

Qualitek Labs Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Gross Profit Get a 7-Day Free Trial - - 98.95 135.13 173.60

Competitive Comparison of Qualitek Labs's Gross Profit

For the Diagnostics & Research subindustry, Qualitek Labs'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.


Qualitek Labs's Gross Profit Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Qualitek Labs's Gross Profit distribution charts can be found below:

* The bar in red indicates where Qualitek Labs's Gross Profit falls into.



Qualitek Labs Gross Profit Calculation

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

Qualitek Labs'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
=291.838 - 57.756
=234.1

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=209.323 - 35.722
=173.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹308.7 Mil.

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

Qualitek Labs'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
=173.6 / 209.323
=82.93 %

* 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.


Qualitek Labs  (BOM:544091) 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

Qualitek Labs had a gross margin of 82.93% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Qualitek Labs Gross Profit Related Terms

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Qualitek Labs Business Description

Traded in Other Exchanges
N/A
Address
C-40, near Nexa showroom, Block C, Sector 57, Noida, UP, IND, 201301
Qualitek Labs Ltd is engaged in the business of providing testing, inspection, homologation, certification, and consultancy services to various industries such as automotive, defence, metals & metallurgy, environment and water, minerals, food & agriculture, pharma & healthcare.

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