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Viji Finance (NSE:VIJIFIN) Gross Profit : ₹7.68 Mil (TTM As of Dec. 2024)


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What is Viji Finance Gross Profit?

Viji Finance's gross profit for the three months ended in Dec. 2024 was ₹0.19 Mil. Viji Finance's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹7.68 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Viji Finance's gross profit for the three months ended in Dec. 2024 was ₹0.19 Mil. Viji Finance's Revenue for the three months ended in Dec. 2024 was ₹5.93 Mil. Therefore, Viji Finance's Gross Margin % for the quarter that ended in Dec. 2024 was 3.24%.

Viji Finance had a gross margin of 3.24% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Viji Finance was 96.07%. The lowest was 44.26%. And the median was 84.90%.

Warning Sign:

Viji Finance Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


Viji Finance Gross Profit Historical Data

The historical data trend for Viji Finance'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.

Viji Finance Gross Profit Chart

Viji Finance 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 8.36 7.92 9.74 16.97 10.21

Viji Finance 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 2.77 2.47 3.07 1.96 0.19

Competitive Comparison of Viji Finance's Gross Profit

For the Credit Services subindustry, Viji Finance'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.


Viji Finance's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Viji Finance's Gross Profit distribution charts can be found below:

* The bar in red indicates where Viji Finance's Gross Profit falls into.



Viji Finance Gross Profit Calculation

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

Viji Finance'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
=13.757 - 3.544
=10.21

Viji Finance's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=5.93 - 5.738
=0.19

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 ₹7.68 Mil.

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

Viji Finance'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
=0.19 / 5.93
=3.24 %

* 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.


Viji Finance  (NSE:VIJIFIN) 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

Viji Finance had a gross margin of 3.24% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Viji Finance Gross Profit Related Terms

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Viji Finance Business Description

Traded in Other Exchanges
Address
11/2, Jaora Compound, Usha Ganj, Indore, MP, IND, 452001
Viji Finance Ltd is a non-banking finance company operating in the business segment of Finance services. It generates revenue from the Interest and Financial Commission. The company's services include Corporate Finance, Infrastructure Finance, Retail loan, and Personal Finance. It serves individuals and corporations. The firm caters to individuals and corporations by providing them with customized financial products and services that give them access to low-cost finance.

Viji Finance Headlines

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