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Ecos (India) Mobility & Hospitality (NSE:ECOSMOBLTY) Net Income : ₹465 Mil (TTM As of Dec. 2024)


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What is Ecos (India) Mobility & Hospitality 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. Ecos (India) Mobility & Hospitality's Net Income for the three months ended in Dec. 2024 was ₹128 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was ₹465 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Ecos (India) Mobility & Hospitality's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was ₹2.13.


Ecos (India) Mobility & Hospitality Net Income Historical Data

The historical data trend for Ecos (India) Mobility & Hospitality'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.

Ecos (India) Mobility & Hospitality Net Income Chart

Ecos (India) Mobility & Hospitality Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Income
29.95 98.72 435.91 625.31

Ecos (India) Mobility & Hospitality Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Net Income Get a 7-Day Free Trial 164.72 141.47 179.69 157.48 127.77

Ecos (India) Mobility & Hospitality 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

Ecos (India) Mobility & Hospitality's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=823.17+-197.86+0+0
=625

Ecos (India) Mobility & Hospitality's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=171+-43.23+0+-1.4210854715202E-14
=128

Net Income 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 ₹465 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.


Ecos (India) Mobility & Hospitality  (NSE:ECOSMOBLTY) 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:

Ecos (India) Mobility & Hospitality's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Ecos (India) Mobility & Hospitality Net Income Related Terms

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Ecos (India) Mobility & Hospitality Business Description

Traded in Other Exchanges
Address
45, First Floor, Corner Market, Malviya Nagar, New Delhi, IND, 110017
Ecos (India) Mobility & Hospitality Ltd is engaged in the business of providing chauffeured car rentals (CCR) and employee transportation services (ETS) and has been providing these services to corporate customers, including Fortune 500 companies in India. It also provides cars on a self-drive basis in the cities of Delhi, Gurugram, Mumbai and Bengaluru. It has also provided self-drive cars outside India through vendors. The company operates a fleet of more than 9,000 economies of luxury cars, minivans, and luxury coaches. It also provides specialty vehicles such as luggage vans, limousines, vintage cars and vehicles for accessible transportation for people with disabilities.

Ecos (India) Mobility & Hospitality Headlines

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