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Mughal Iron & Steel Industries (KAR:MUGHAL) Gross Profit : ₨6,846 Mil (TTM As of Dec. 2024)


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What is Mughal Iron & Steel Industries Gross Profit?

Mughal Iron & Steel Industries's gross profit for the three months ended in Dec. 2024 was ₨2,210 Mil. Mughal Iron & Steel Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₨6,846 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mughal Iron & Steel Industries's gross profit for the three months ended in Dec. 2024 was ₨2,210 Mil. Mughal Iron & Steel Industries's Revenue for the three months ended in Dec. 2024 was ₨25,241 Mil. Therefore, Mughal Iron & Steel Industries's Gross Margin % for the quarter that ended in Dec. 2024 was 8.76%.

Mughal Iron & Steel Industries had a gross margin of 8.76% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Mughal Iron & Steel Industries was 15.31%. The lowest was 7.40%. And the median was 10.85%.


Mughal Iron & Steel Industries Gross Profit Historical Data

The historical data trend for Mughal Iron & Steel Industries'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.

Mughal Iron & Steel Industries Gross Profit Chart

Mughal Iron & Steel Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,617.45 6,691.37 10,127.89 9,671.03 7,671.39

Mughal Iron & Steel Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,506.48 1,410.19 1,237.02 1,988.75 2,210.37

Competitive Comparison of Mughal Iron & Steel Industries's Gross Profit

For the Steel subindustry, Mughal Iron & Steel Industries'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.


Mughal Iron & Steel Industries's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mughal Iron & Steel Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mughal Iron & Steel Industries's Gross Profit falls into.


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Mughal Iron & Steel Industries Gross Profit Calculation

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

Mughal Iron & Steel Industries's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=91760.863 - 84089.475
=7,671

Mughal Iron & Steel Industries's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=25241.258 - 23030.891
=2,210

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨6,846 Mil.

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

Mughal Iron & Steel Industries's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,210 / 25241.258
=8.76 %

* 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.


Mughal Iron & Steel Industries  (KAR:MUGHAL) 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

Mughal Iron & Steel Industries had a gross margin of 8.76% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Mughal Iron & Steel Industries Gross Profit Related Terms

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Mughal Iron & Steel Industries Business Description

Traded in Other Exchanges
N/A
Address
31-A Shadman 1, Lahore, PB, PAK
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous and Non-Ferrous. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots and Copper granules.

Mughal Iron & Steel Industries Headlines

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