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Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Gross Profit : ₹2,497 Mil (TTM As of Dec. 2024)


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What is Manoj Vaibhav Gems N Jewellers Gross Profit?

Manoj Vaibhav Gems N Jewellers's gross profit for the three months ended in Dec. 2024 was ₹746 Mil. Manoj Vaibhav Gems N Jewellers's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹2,497 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Manoj Vaibhav Gems N Jewellers's gross profit for the three months ended in Dec. 2024 was ₹746 Mil. Manoj Vaibhav Gems N Jewellers's Revenue for the three months ended in Dec. 2024 was ₹4,976 Mil. Therefore, Manoj Vaibhav Gems N Jewellers's Gross Margin % for the quarter that ended in Dec. 2024 was 14.99%.

Manoj Vaibhav Gems N Jewellers had a gross margin of 14.99% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Manoj Vaibhav Gems N Jewellers was 12.94%. The lowest was 9.40%. And the median was 11.11%.


Manoj Vaibhav Gems N Jewellers Gross Profit Historical Data

The historical data trend for Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers Gross Profit Chart

Manoj Vaibhav Gems N Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
1,654.68 1,347.98 1,742.16 2,251.37 2,394.88

Manoj Vaibhav Gems N Jewellers Quarterly Data
Mar20 Mar21 Mar22 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 692.38 285.10 663.29 802.49 745.82

Competitive Comparison of Manoj Vaibhav Gems N Jewellers's Gross Profit

For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.


Manoj Vaibhav Gems N Jewellers's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Gross Profit distribution charts can be found below:

* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's Gross Profit falls into.



Manoj Vaibhav Gems N Jewellers Gross Profit Calculation

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

Manoj Vaibhav Gems N Jewellers'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
=21496.73 - 19101.85
=2,395

Manoj Vaibhav Gems N Jewellers's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=4976.28 - 4230.46
=746

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 ₹2,497 Mil.

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

Manoj Vaibhav Gems N Jewellers'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
=746 / 4976.28
=14.99 %

* 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.


Manoj Vaibhav Gems N Jewellers  (NSE:MVGJL) 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

Manoj Vaibhav Gems N Jewellers had a gross margin of 14.99% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Manoj Vaibhav Gems N Jewellers Gross Profit Related Terms

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Manoj Vaibhav Gems N Jewellers Business Description

Traded in Other Exchanges
Address
D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016
Manoj Vaibhav Gems N Jewellers Ltd is a leading regional jewellery brand in South India led by a first-generation woman entrepreneur. It is a hyperlocal jewellery retail chain with a presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a strong rural market focus and a dedicated urban focus also. The company positioned itself as a retailer focussed on Relationships, by Design where it focuses on offering designs, high quality, transparency and customer service to its customers.

Manoj Vaibhav Gems N Jewellers Headlines

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