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Techno Electric & Engineering Co (NSE:TECHNOE) Gross Profit : ₹2,984 Mil (TTM As of Dec. 2023)


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What is Techno Electric & Engineering Co Gross Profit?

Techno Electric & Engineering Co's gross profit for the three months ended in Dec. 2023 was ₹855 Mil. Techno Electric & Engineering Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹2,984 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Techno Electric & Engineering Co's gross profit for the three months ended in Dec. 2023 was ₹855 Mil. Techno Electric & Engineering Co's Revenue for the three months ended in Dec. 2023 was ₹3,265 Mil. Therefore, Techno Electric & Engineering Co's Gross Margin % for the quarter that ended in Dec. 2023 was 26.19%.

Techno Electric & Engineering Co had a gross margin of 26.19% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Techno Electric & Engineering Co was 38.63%. The lowest was 21.69%. And the median was 35.63%.

Warning Sign:

Techno Electric & Engineering Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.2%.


Techno Electric & Engineering Co Gross Profit Historical Data

The historical data trend for Techno Electric & Engineering Co'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.

Techno Electric & Engineering Co Gross Profit Chart

Techno Electric & Engineering Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,522.15 3,162.51 3,179.38 2,529.02 2,037.02

Techno Electric & Engineering Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 479.77 560.24 476.49 1,092.55 855.11

Competitive Comparison of Techno Electric & Engineering Co's Gross Profit

For the Engineering & Construction subindustry, Techno Electric & Engineering Co'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.


Techno Electric & Engineering Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Techno Electric & Engineering Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Techno Electric & Engineering Co's Gross Profit falls into.



Techno Electric & Engineering Co Gross Profit Calculation

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

Techno Electric & Engineering Co'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
=8294.985 - 6257.963
=2,037

Techno Electric & Engineering Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3265.402 - 2410.297
=855

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,984 Mil.

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

Techno Electric & Engineering Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=855 / 3265.402
=26.19 %

* 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.


Techno Electric & Engineering Co  (NSE:TECHNOE) 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

Techno Electric & Engineering Co had a gross margin of 26.19% for the quarter that ended in Dec. 2023 => Competition eroding margins


Techno Electric & Engineering Co Gross Profit Related Terms

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Techno Electric & Engineering Co (NSE:TECHNOE) Business Description

Traded in Other Exchanges
Address
71 Park Street, South Block, 1B and C Park Plaza, Kolkata, WB, IND, 700016
Techno Electric & Engineering Co Ltd provides engineering, procurement, and construction services to the power sector including generation, transmission, and distribution. Its segments construction, and others. The engineering, procurement and construction business provides solutions to several installed thermal and interregional transmission capacity in India. The company's source of revenue generation is by providing EPC services to the Transmission and Distribution Sector. It is also engaged in generation of wind power through Wind Turbine Generators in the states of Tamil Nadu & Karnataka.

Techno Electric & Engineering Co (NSE:TECHNOE) Headlines

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