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Arabian Petroleum (NSE:ARABIAN) Gross Profit : ₹454 Mil (TTM As of Mar. 2024)


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What is Arabian Petroleum Gross Profit?

Arabian Petroleum's gross profit for the six months ended in Mar. 2024 was ₹454 Mil. Arabian Petroleum's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹454 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arabian Petroleum's gross profit for the six months ended in Mar. 2024 was ₹454 Mil. Arabian Petroleum's Revenue for the six months ended in Mar. 2024 was ₹2,619 Mil. Therefore, Arabian Petroleum's Gross Margin % for the quarter that ended in Mar. 2024 was 17.35%.

Arabian Petroleum had a gross margin of 17.35% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Arabian Petroleum was 18.77%. The lowest was 12.51%. And the median was 14.89%.


Arabian Petroleum Gross Profit Historical Data

The historical data trend for Arabian Petroleum'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.

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Arabian Petroleum Gross Profit Chart

Arabian Petroleum Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 157.51 163.24 238.94 362.71 454.35

Arabian Petroleum Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit Get a 7-Day Free Trial 157.51 163.24 238.94 362.71 454.35

Competitive Comparison of Arabian Petroleum's Gross Profit

For the Oil & Gas Refining & Marketing subindustry, Arabian Petroleum'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.


Arabian Petroleum's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Arabian Petroleum's Gross Profit distribution charts can be found below:

* The bar in red indicates where Arabian Petroleum's Gross Profit falls into.



Arabian Petroleum Gross Profit Calculation

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

Arabian Petroleum'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
=2618.544 - 2164.199
=454

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2618.544 - 2164.199
=454

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹454 Mil.

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

Arabian Petroleum'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
=454 / 2618.544
=17.35 %

* 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.


Arabian Petroleum  (NSE:ARABIAN) 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

Arabian Petroleum had a gross margin of 17.35% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Arabian Petroleum Gross Profit Related Terms

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Arabian Petroleum Business Description

Traded in Other Exchanges
N/A
Address
Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505
Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

Arabian Petroleum Headlines

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