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Homesfy Realty (NSE:HOMESFY) Net Income : ₹27.2 Mil (TTM As of Mar. 2024)


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What is Homesfy Realty 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. Homesfy Realty's Net Income for the six months ended in Mar. 2024 was ₹27.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹27.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Homesfy Realty's Earnings per Share (Diluted) for the six months ended in Mar. 2024 was ₹8.90.


Homesfy Realty Net Income Historical Data

The historical data trend for Homesfy Realty'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.

Homesfy Realty Net Income Chart

Homesfy Realty Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net Income
9.14 19.91 35.98 24.80 27.19

Homesfy Realty Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Net Income 9.14 19.91 35.98 24.80 27.19

Homesfy Realty 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

Homesfy Realty'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
=38.687+-11.493+0+3.5527136788005E-15
=27.2

Homesfy Realty's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=38.687+-11.493+0+3.5527136788005E-15
=27.2

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹27.2 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.


Homesfy Realty  (NSE:HOMESFY) 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:

Homesfy Realty's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Homesfy Realty Net Income Related Terms

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Homesfy Realty (NSE:HOMESFY) Business Description

Traded in Other Exchanges
N/A
Address
1602, 16th Floor, Dev Corpora, Near Cadbury Junction, Thane, MH, IND, 400601
Homesfy Realty Ltd is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers, and investors for residential and commercial space. It deals in newly constructed properties, whereby it assists Real Estate Developers in selling and potential customers in purchasing the properties. The company operates its business through direct selling from its in-house sales team and Direct Selling Agent listed on mymagnet platform for referral services.

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