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Destiny Logistics & Infra (NSE:DESTINY) Gross Profit : ₹54.9 Mil (TTM As of Mar. 2023)


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What is Destiny Logistics & Infra Gross Profit?

Destiny Logistics & Infra's gross profit for the six months ended in Mar. 2023 was ₹54.9 Mil. Destiny Logistics & Infra's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was ₹54.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Destiny Logistics & Infra's gross profit for the six months ended in Mar. 2023 was ₹54.9 Mil. Destiny Logistics & Infra's Revenue for the six months ended in Mar. 2023 was ₹567.2 Mil. Therefore, Destiny Logistics & Infra's Gross Margin % for the quarter that ended in Mar. 2023 was 9.67%.

Destiny Logistics & Infra had a gross margin of 9.67% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Destiny Logistics & Infra was 9.67%. The lowest was 3.18%. And the median was 6.73%.


Destiny Logistics & Infra Gross Profit Historical Data

The historical data trend for Destiny Logistics & Infra'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.

Destiny Logistics & Infra Gross Profit Chart

Destiny Logistics & Infra Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
2.14 2.14 6.77 23.45 54.87

Destiny Logistics & Infra Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit 2.14 2.14 6.77 23.45 54.87

Competitive Comparison of Destiny Logistics & Infra's Gross Profit

For the Trucking subindustry, Destiny Logistics & Infra'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.


Destiny Logistics & Infra's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Destiny Logistics & Infra's Gross Profit distribution charts can be found below:

* The bar in red indicates where Destiny Logistics & Infra's Gross Profit falls into.



Destiny Logistics & Infra Gross Profit Calculation

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

Destiny Logistics & Infra's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=567.201 - 512.334
=54.9

Destiny Logistics & Infra's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=567.201 - 512.334
=54.9

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 was ₹54.9 Mil.

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

Destiny Logistics & Infra's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=54.9 / 567.201
=9.67 %

* 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.


Destiny Logistics & Infra  (NSE:DESTINY) 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

Destiny Logistics & Infra had a gross margin of 9.67% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Destiny Logistics & Infra Gross Profit Related Terms

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Destiny Logistics & Infra Business Description

Traded in Other Exchanges
N/A
Address
ECO Centre, Block - EM-4 Sector- V, Unit No. 708, 7th Floor, Salt Lake, Kolkata, WB, IND, 700091
Destiny Logistics & Infra Ltd provide logistics, manpower and infrastructural services. It offers land-based transportation through third-party service providers. It provides a wide range of services such as packaging, loading, transportation, unloading, and unpacking of items to offer end-to-end solutions. The company's operations are concentrated in the domestic market, particularly, in the state of West Bengal. The company operates in Transport and Construction services, out of which the majority is from the Construction services.

Destiny Logistics & Infra Headlines

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