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Sigma Solve (NSE:SIGMA) Gross Profit : ₹362.9 Mil (TTM As of Sep. 2023)


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What is Sigma Solve Gross Profit?

Sigma Solve's gross profit for the six months ended in Sep. 2023 was ₹152.7 Mil. Sigma Solve's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₹362.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sigma Solve's gross profit for the six months ended in Sep. 2023 was ₹152.7 Mil. Sigma Solve's Revenue for the six months ended in Sep. 2023 was ₹325.9 Mil. Therefore, Sigma Solve's Gross Margin % for the quarter that ended in Sep. 2023 was 46.86%.

Sigma Solve had a gross margin of 46.86% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Sigma Solve was 74.66%. The lowest was 29.97%. And the median was 52.10%.


Sigma Solve Gross Profit Historical Data

The historical data trend for Sigma Solve'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.

Sigma Solve Gross Profit Chart

Sigma Solve Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial 10.96 43.13 157.92 258.49 352.25

Sigma Solve Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.16 119.34 142.11 210.14 152.73

Competitive Comparison of Sigma Solve's Gross Profit

For the Information Technology Services subindustry, Sigma Solve'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.


Sigma Solve's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Sigma Solve's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sigma Solve's Gross Profit falls into.



Sigma Solve Gross Profit Calculation

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

Sigma Solve's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=554.464 - 202.216
=352.2

Sigma Solve's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=325.945 - 173.219
=152.7

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹362.9 Mil.

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

Sigma Solve's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=152.7 / 325.945
=46.86 %

* 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.


Sigma Solve  (NSE:SIGMA) 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

Sigma Solve had a gross margin of 46.86% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Sigma Solve Gross Profit Related Terms

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Sigma Solve (NSE:SIGMA) Business Description

Traded in Other Exchanges
Address
Sindhu Bhavan Road, S G Highway, Alpha Megacone House, Opposite Armieda, 305-308, 3rd Floor, Ahmedabad, GJ, IND, 380054
Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing and Quality assurance. The firm generates revenue is from the export of services.

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