Prudentorate Advisory Services (NSE:PRUDENT) Gross Profit : ₹2,197 Mil (TTM As of Mar. 2024)

Prudentorate Advisory Services Gross Profit Chart

Prudentorate Advisory Services Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial									478.26	651.16	621.07	709.90	866.11

Competitive Comparison of Prudentorate Advisory Services's Gross Profit

For the Asset Management subindustry, Prudentorate Advisory Services'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.

Prudentorate Advisory Services's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prudentorate Advisory Services's Gross Profit distribution charts can be found below:

* The bar in red indicates where Prudentorate Advisory Services's Gross Profit falls into.

Prudentorate Advisory Services Gross Profit Calculation

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

Prudentorate Advisory Services's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Prudentorate Advisory Services's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,197 Mil.

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

Prudentorate Advisory Services's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

* 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.

Prudentorate Advisory Services  (NSE:PRUDENT) 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

Prudentorate Advisory Services had a gross margin of 36.45% for the quarter that ended in Mar. 2024 => Competition eroding margins

Prudentorate Advisory Services Gross Profit Related Terms

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

Prudentorate Advisory Services (NSE:PRUDENT) Business Description