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Dredging of India (NSE:DREDGECORP) Gross Profit : ₹6,618 Mil (TTM As of Sep. 2024)


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What is Dredging of India Gross Profit?

Dredging of India's gross profit for the three months ended in Sep. 2024 was ₹1,747 Mil. Dredging of India's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹6,618 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dredging of India's gross profit for the three months ended in Sep. 2024 was ₹1,747 Mil. Dredging of India's Revenue for the three months ended in Sep. 2024 was ₹2,045 Mil. Therefore, Dredging of India's Gross Margin % for the quarter that ended in Sep. 2024 was 85.44%.

Dredging of India had a gross margin of 85.44% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Dredging of India was 99.13%. The lowest was 44.20%. And the median was 76.46%.

Warning Sign:

Dredging Corp of India Ltd gross margin has been in long-term decline. The average rate of decline per year is -6%.


Dredging of India Gross Profit Historical Data

The historical data trend for Dredging of India'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.

Dredging of India Gross Profit Chart

Dredging of India 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 7,270.24 5,399.87 5,967.59 8,269.70 7,265.14

Dredging of India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,903.85 1,900.66 1,665.01 1,305.39 1,747.26

Competitive Comparison of Dredging of India's Gross Profit

For the Engineering & Construction subindustry, Dredging of India'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.


Dredging of India's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dredging of India's Gross Profit distribution charts can be found below:

* The bar in red indicates where Dredging of India's Gross Profit falls into.



Dredging of India Gross Profit Calculation

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

Dredging of India'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
=9431.453 - 2166.316
=7,265

Dredging of India's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=2044.967 - 297.707
=1,747

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6,618 Mil.

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

Dredging of India'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
=1,747 / 2044.967
=85.44 %

* 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.


Dredging of India  (NSE:DREDGECORP) 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

Dredging of India had a gross margin of 85.44% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Dredging of India Gross Profit Related Terms

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Dredging of India Business Description

Traded in Other Exchanges
Address
HB Colony Main Road, Dredge House, Seethammadhara, Visakhapatnam, AP, IND, 530022
Dredging Corp of India Ltd is an Indian-based company engaged in providing the services of Capital Dredging, Maintenance Dredging, Beach Nourishment, Land Reclamation, Shallow water Dredging, Project Management Consultancy, and Marine Construction. It provides dredging services to ports, the Indian Navy, fishing harbors, and other maritime organizations. It operates in a single segment of dredging services and generates its income from such services.

Dredging of India Headlines

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