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Storage Technologies and Automation (BOM:544171) Net Income : ₹14.3 Mil (TTM As of Sep. 2024)


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What is Storage Technologies and Automation Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Storage Technologies and Automation's Net Income for the six months ended in Sep. 2024 was ₹14.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was ₹14.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Storage Technologies and Automation's Earnings per Share (Diluted) for the six months ended in Sep. 2024 was ₹1.11.


Storage Technologies and Automation Net Income Historical Data

The historical data trend for Storage Technologies and Automation's Net Income 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.

Storage Technologies and Automation Net Income Chart

Storage Technologies and Automation Annual Data
Trend Mar21 Mar22 Mar23
Net Income
11.84 -2.05 4.83

Storage Technologies and Automation Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Net Income - - - -10.57 14.30

Storage Technologies and Automation Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Storage Technologies and Automation's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7.874+-1.82+0+-1.224
=4.8

Storage Technologies and Automation's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=23.452+-8.105+0+-1.044
=14.3

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹14.3 Mil.

* 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.


Storage Technologies and Automation  (BOM:544171) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Storage Technologies and Automation's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Storage Technologies and Automation Net Income Related Terms

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Storage Technologies and Automation Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No 10, Survey No 21/6A, 21/7A, 21/7B and 21/8 Singanayakanahalli, Yelahanka, Bangalore, KA, IND, 560064
Storage Technologies and Automation Ltd is engaged in the storage racking system. The company specializes in the design, manufacturing, and installation services of metal storage racks, automated warehouses, and other storage solutions, storage and logistical requirements, which include oil & gas, automotive components & aerospace, food & beverages and cold storage, pharmaceutical, textile, retail, FMCG and others.

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