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Visa Steel (NSE:VISASTEEL) Gross Profit : ₹1,322 Mil (TTM As of Dec. 2023)


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What is Visa Steel Gross Profit?

Visa Steel's gross profit for the three months ended in Dec. 2023 was ₹435 Mil. Visa Steel's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹1,322 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Visa Steel's gross profit for the three months ended in Dec. 2023 was ₹435 Mil. Visa Steel's Revenue for the three months ended in Dec. 2023 was ₹896 Mil. Therefore, Visa Steel's Gross Margin % for the quarter that ended in Dec. 2023 was 48.53%.

Visa Steel had a gross margin of 48.53% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Visa Steel was 37.97%. The lowest was 20.14%. And the median was 23.01%.


Visa Steel Gross Profit Historical Data

The historical data trend for Visa Steel'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.

Visa Steel Gross Profit Chart

Visa Steel 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 2,911.80 1,385.99 2,634.17 2,752.49 2,425.44

Visa Steel 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 905.22 -438.16 790.80 534.32 434.99

Competitive Comparison of Visa Steel's Gross Profit

For the Steel subindustry, Visa Steel'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.


Visa Steel's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Visa Steel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Visa Steel's Gross Profit falls into.



Visa Steel Gross Profit Calculation

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

Visa Steel'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
=6387.65 - 3962.21
=2,425

Visa Steel's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=896.26 - 461.27
=435

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 ₹1,322 Mil.

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

Visa Steel'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
=435 / 896.26
=48.53 %

* 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.


Visa Steel  (NSE:VISASTEEL) 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

Visa Steel had a gross margin of 48.53% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Visa Steel Gross Profit Related Terms

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Visa Steel (NSE:VISASTEEL) Business Description

Traded in Other Exchanges
Address
8/10 Alipore Road, VISA House, Kolkata, WB, IND, 700027
Visa Steel Ltd is an India-based mineral, metal, and energy company. It is engaged in the manufacturing of iron and steel products, including pig iron, sponge iron, special steel, and high carbon ferrochrome with the captive power plant at Kalinganagar, Odisha. The Company's segments include Special Steel and Ferro Alloys. The Special Steel segment includes bars and wire rods, billets and blooms, pig iron and sponge iron, and other allied products. The firm's products range consists of special steel long products, Ferro Chrome and Coke. The firm generates a majority of its revenue from India.

Visa Steel (NSE:VISASTEEL) Headlines

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