GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Praxis Home Retail Ltd (NSE:PRAXIS) » Definitions » Gross Profit

Praxis Home Retail (NSE:PRAXIS) Gross Profit : ₹619 Mil (TTM As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Praxis Home Retail Gross Profit?

Praxis Home Retail's gross profit for the three months ended in Dec. 2024 was ₹144 Mil. Praxis Home Retail's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹619 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Praxis Home Retail's gross profit for the three months ended in Dec. 2024 was ₹144 Mil. Praxis Home Retail's Revenue for the three months ended in Dec. 2024 was ₹340 Mil. Therefore, Praxis Home Retail's Gross Margin % for the quarter that ended in Dec. 2024 was 42.44%.

Praxis Home Retail had a gross margin of 42.44% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Praxis Home Retail was 47.99%. The lowest was -865.52%. And the median was 39.10%.


Praxis Home Retail Gross Profit Historical Data

The historical data trend for Praxis Home Retail'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.

Praxis Home Retail Gross Profit Chart

Praxis Home Retail 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 2,727.22 638.17 1,537.89 1,645.02 1,049.26

Praxis Home Retail 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 316.46 222.57 143.29 109.03 144.13

Competitive Comparison of Praxis Home Retail's Gross Profit

For the Specialty Retail subindustry, Praxis Home Retail'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.


Praxis Home Retail's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Praxis Home Retail's Gross Profit distribution charts can be found below:

* The bar in red indicates where Praxis Home Retail's Gross Profit falls into.



Praxis Home Retail Gross Profit Calculation

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

Praxis Home Retail'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
=2186.261 - 1137.006
=1,049

Praxis Home Retail's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=339.592 - 195.466
=144

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 ₹619 Mil.

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

Praxis Home Retail'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
=144 / 339.592
=42.44 %

* 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.


Praxis Home Retail  (NSE:PRAXIS) 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

Praxis Home Retail had a gross margin of 42.44% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Praxis Home Retail Gross Profit Related Terms

Thank you for viewing the detailed overview of Praxis Home Retail's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Praxis Home Retail Business Description

Traded in Other Exchanges
Address
iThink Techno Campus, Kanjumarg (East), Ground Floor, Jolly Board Tower D, Mumbai, MH, IND, 400 042
Praxis Home Retail Ltd is engaged in the provision of home retail solutions in India. The company offers various furniture, homeware, decor, furnishings, modular kitchen, kitchenware, and bathroom accessories. In addition, it also renders interior design consultation and services for homes and offices.

Praxis Home Retail Headlines

No Headlines