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HealthCare Global Enterprises (NSE:HCG) Gross Profit : ₹10,816 Mil (TTM As of Dec. 2024)


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What is HealthCare Global Enterprises Gross Profit?

HealthCare Global Enterprises's gross profit for the three months ended in Dec. 2024 was ₹2,859 Mil. HealthCare Global Enterprises's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹10,816 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. HealthCare Global Enterprises's gross profit for the three months ended in Dec. 2024 was ₹2,859 Mil. HealthCare Global Enterprises's Revenue for the three months ended in Dec. 2024 was ₹5,576 Mil. Therefore, HealthCare Global Enterprises's Gross Margin % for the quarter that ended in Dec. 2024 was 51.28%.

HealthCare Global Enterprises had a gross margin of 51.28% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of HealthCare Global Enterprises was 71.88%. The lowest was 50.21%. And the median was 51.48%.


HealthCare Global Enterprises Gross Profit Historical Data

The historical data trend for HealthCare Global Enterprises'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.

HealthCare Global Enterprises Gross Profit Chart

HealthCare Global Enterprises 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 5,571.58 5,041.60 7,010.65 8,762.92 9,799.19

HealthCare Global Enterprises 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 2,507.30 2,259.49 2,794.10 2,903.50 2,859.10

Competitive Comparison of HealthCare Global Enterprises's Gross Profit

For the Medical Care Facilities subindustry, HealthCare Global Enterprises'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.


HealthCare Global Enterprises's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthCare Global Enterprises's Gross Profit distribution charts can be found below:

* The bar in red indicates where HealthCare Global Enterprises's Gross Profit falls into.


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HealthCare Global Enterprises Gross Profit Calculation

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

HealthCare Global Enterprises'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
=18899.08 - 9099.89
=9,799

HealthCare Global Enterprises's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=5575.5 - 2716.4
=2,859

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 ₹10,816 Mil.

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

HealthCare Global Enterprises'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
=2,859 / 5575.5
=51.28 %

* 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.


HealthCare Global Enterprises  (NSE:HCG) 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

HealthCare Global Enterprises had a gross margin of 51.28% for the quarter that ended in Dec. 2024 => Durable competitive advantage


HealthCare Global Enterprises Gross Profit Related Terms

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HealthCare Global Enterprises Business Description

Traded in Other Exchanges
Address
Mission Road, No. 3, Ground Floor, Tower Block, Unity Building Complex, Bengaluru, KA, IND, 560027
HealthCare Global Enterprises Ltd is an Indian company specializing in cancer care services. The company also operates fertility clinics, and multi-specialty hospitals providing cardiology, neurology, orthopedics, gastroenterology, urology, pulmonary, and critical care services. It operates under the Medical and Healthcare Services segment. The company's offerings include labs, diagnostic centers, robotic surgery, bone marrow transplantation, home health services, liver transplantation, surgical oncology, preventive oncology, and radiation oncology. The majority of the revenue is derived from the medical services offered to patients. The company derives the majority of its revenue from India.

HealthCare Global Enterprises Headlines