GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lead Reclaim and Rubber Products Ltd (NSE:LRRPL) » Definitions » Gross Profit

Lead Reclaim and Rubber Products (NSE:LRRPL) Gross Profit : ₹38.5 Mil (TTM As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Lead Reclaim and Rubber Products Gross Profit?

Lead Reclaim and Rubber Products's gross profit for the six months ended in Mar. 2024 was ₹17.7 Mil. Lead Reclaim and Rubber Products's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹38.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lead Reclaim and Rubber Products's gross profit for the six months ended in Mar. 2024 was ₹17.7 Mil. Lead Reclaim and Rubber Products's Revenue for the six months ended in Mar. 2024 was ₹87.6 Mil. Therefore, Lead Reclaim and Rubber Products's Gross Margin % for the quarter that ended in Mar. 2024 was 20.21%.

Lead Reclaim and Rubber Products had a gross margin of 20.21% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Lead Reclaim and Rubber Products was 48.20%. The lowest was 27.94%. And the median was 37.11%.


Lead Reclaim and Rubber Products Gross Profit Historical Data

The historical data trend for Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Gross Profit Chart

Lead Reclaim and Rubber Products Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
22.94 30.79 37.00 32.40 38.50

Lead Reclaim and Rubber Products Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Profit Get a 7-Day Free Trial - 22.80 9.60 20.80 17.70

Competitive Comparison of Lead Reclaim and Rubber Products's Gross Profit

For the Specialty Chemicals subindustry, Lead Reclaim and Rubber Products'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.


Lead Reclaim and Rubber Products's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lead Reclaim and Rubber Products's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lead Reclaim and Rubber Products's Gross Profit falls into.



Lead Reclaim and Rubber Products Gross Profit Calculation

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

Lead Reclaim and Rubber Products'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
=137.8 - 99.3
=38.5

Lead Reclaim and Rubber Products's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=87.6 - 69.9
=17.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹38.5 Mil.

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

Lead Reclaim and Rubber Products'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
=17.7 / 87.6
=20.21 %

* 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.


Lead Reclaim and Rubber Products  (NSE:LRRPL) 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

Lead Reclaim and Rubber Products had a gross margin of 20.21% for the quarter that ended in Mar. 2024 => Competition eroding margins


Lead Reclaim and Rubber Products Gross Profit Related Terms

Thank you for viewing the detailed overview of Lead Reclaim and Rubber Products's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Lead Reclaim and Rubber Products Business Description

Traded in Other Exchanges
N/A
Address
856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630
Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.

Lead Reclaim and Rubber Products Headlines

No Headlines