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Equinox India Developments (LUX:INBRS) Gross Profit : $-10.07 Mil (TTM As of Mar. 2024)


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What is Equinox India Developments Gross Profit?

Equinox India Developments's gross profit for the three months ended in Mar. 2024 was $-11.50 Mil. Equinox India Developments's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $-10.07 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Equinox India Developments's gross profit for the three months ended in Mar. 2024 was $-11.50 Mil. Equinox India Developments's Revenue for the three months ended in Mar. 2024 was $2.53 Mil. Therefore, Equinox India Developments's Gross Margin % for the quarter that ended in Mar. 2024 was -454.07%.

Equinox India Developments had a gross margin of -454.07% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Equinox India Developments was 72.10%. The lowest was -20.22%. And the median was 25.79%.


Equinox India Developments Gross Profit Historical Data

The historical data trend for Equinox India Developments'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.

Equinox India Developments Gross Profit Chart

Equinox India Developments Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.47 54.73 31.05 -6.57 -10.08

Equinox India Developments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 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 -31.13 0.33 1.62 -0.52 -11.50

Competitive Comparison of Equinox India Developments's Gross Profit

For the Real Estate - Development subindustry, Equinox India Developments'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.


Equinox India Developments's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Equinox India Developments's Gross Profit distribution charts can be found below:

* The bar in red indicates where Equinox India Developments's Gross Profit falls into.



Equinox India Developments Gross Profit Calculation

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

Equinox India Developments'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
=49.843 - 59.919
=-10.08

Equinox India Developments's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2.532 - 14.029
=-11.50

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 $-10.07 Mil.

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

Equinox India Developments'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
=-11.50 / 2.532
=-454.07 %

* 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.


Equinox India Developments  (LUX:INBRS) 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

Equinox India Developments had a gross margin of -454.07% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Equinox India Developments Gross Profit Related Terms

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Equinox India Developments (LUX:INBRS) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, WeWork Vaswani Chambers, 3rd Floor, 264-265, Municipal Colony, Worli Shivaji Nagar, Worli, Mumbai, MH, IND, 400030
Indiabulls Real Estate Ltd is an India-based real estate developer. The company is involved in the construction and development of residential, commercial, and special economic zone projects across the majority of Indian metropolitan areas and London. Among other projects, the company is developing premium, high-end commercial, residential, and retail space apart from Tier 1 cities.

Equinox India Developments (LUX:INBRS) Headlines

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