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India Fund (India Fund) Net Margin % : 98.25% (As of Dec. 2023)


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What is India Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. India Fund's Net Income for the six months ended in Dec. 2023 was $59.90 Mil. India Fund's Revenue for the six months ended in Dec. 2023 was $60.96 Mil. Therefore, India Fund's net margin for the quarter that ended in Dec. 2023 was 98.25%.

The historical rank and industry rank for India Fund's Net Margin % or its related term are showing as below:

IFN' s Net Margin % Range Over the Past 10 Years
Min: 94.12   Med: 98.12   Max: 106.37
Current: 98.06


IFN's Net Margin % is ranked better than
72.8% of 1669 companies
in the Asset Management industry
Industry Median: 86.04 vs IFN: 98.06

India Fund Net Margin % Historical Data

The historical data trend for India Fund's Net Margin % 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.

India Fund Net Margin % Chart

India Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 94.12 97.21 98.12 101.80 98.06

India Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.88 100.71 94.85 97.76 98.25

Competitive Comparison of India Fund's Net Margin %

For the Asset Management subindustry, India Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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.


India Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, India Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where India Fund's Net Margin % falls into.



India Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

India Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=97.861/99.795
=98.06 %

India Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=59.898/60.963
=98.25 %

* 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.


India Fund  (NYSE:IFN) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


India Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of India Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


India Fund (India Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
India Fund Inc is an asset management company. The fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies. The company's portfolio is non-diversified closed-end management investment company across various sectors such as financials, consumer staples, information technology, materials, healthcare, consumer discretionary, industrials, telecommunication services, utilities and others. Geographically, all the business activity functions through the market of United States.
Executives
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Ai Hua Aik other: Director of Investment Manager 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Alan R Goodson director, officer: President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Rene Buehlmann other: CEO/Director of Invest. Mngr. C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Matthew Keener officer: Assistant Secretary C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Chris Demetriou officer: Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Adam Mccabe other: Director of Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Peter Hendry other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103