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SKF India (NSE:SKFINDIA) Gross Profit : ₹15,294 Mil (TTM As of Sep. 2024)


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What is SKF India Gross Profit?

SKF India's gross profit for the three months ended in Sep. 2024 was ₹4,159 Mil. SKF India's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹15,294 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SKF India's gross profit for the three months ended in Sep. 2024 was ₹4,159 Mil. SKF India's Revenue for the three months ended in Sep. 2024 was ₹12,442 Mil. Therefore, SKF India's Gross Margin % for the quarter that ended in Sep. 2024 was 33.43%.

SKF India had a gross margin of 33.43% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of SKF India was 36.85%. The lowest was 31.92%. And the median was 33.75%.


SKF India Gross Profit Historical Data

The historical data trend for SKF India'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.

SKF India Gross Profit Chart

SKF India Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,924.20 9,532.60 11,857.80 14,615.60 14,789.40

SKF India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,822.80 4,331.40 2,058.40 4,745.20 4,159.00

Competitive Comparison of SKF India's Gross Profit

For the Tools & Accessories subindustry, SKF India'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.


SKF India's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKF India's Gross Profit distribution charts can be found below:

* The bar in red indicates where SKF India's Gross Profit falls into.



SKF India Gross Profit Calculation

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

SKF India'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
=44877.3 - 30087.9
=14,789

SKF India's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=12442.3 - 8283.3
=4,159

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹15,294 Mil.

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

SKF India's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,159 / 12442.3
=33.43 %

* 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.


SKF India  (NSE:SKFINDIA) 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

SKF India had a gross margin of 33.43% for the quarter that ended in Sep. 2024 => Competition eroding margins


SKF India Gross Profit Related Terms

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SKF India Business Description

Traded in Other Exchanges
Address
Chinchwad, Pune, MH, IND, 411033
SKF India Ltd is an India-based company that manufactures and distributes bearing products and other related products. The company's products and services include bearings, hydraulic and mechanical tools for mounting and dismounting, alignment tools, seals, lubrication systems, and services such as technical support, maintenance, and condition monitoring. it operates in a single segment which is Bearings. The company's products and technologies are used by original equipment makers and aftermarket customers across the world. SKF India generates a majority of its revenue from the Indian domestic market.

SKF India Headlines

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