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Innomet Advanced Materials (NSE:INNOMET) Other Income (Expense) : ₹5.6 Mil (TTM As of Mar. 2024)


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What is Innomet Advanced Materials Other Income (Expense)?

Innomet Advanced Materials's other income expense for the Innomet Advanced Materials's pretax income for the six months ended in Mar. 2024 was ₹-0.1 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5.6 Mil.

Innomet Advanced Materials Other Income (Expense) Historical Data

The historical data trend for Innomet Advanced Materials's Other Income (Expense) 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.

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Innomet Advanced Materials Other Income (Expense) Chart

Innomet Advanced Materials Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Other Income (Expense)
0.85 0.19 0.19 5.63

Innomet Advanced Materials Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Other Income (Expense) - - - 5.75 -0.13

Innomet Advanced Materials Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹5.6 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.

Innomet Advanced Materials  (NSE:INNOMET) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Innomet Advanced Materials Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Innomet Advanced Materials Ltd (NSE:INNOMET) » Definitions » Other Income (Expense)
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Traded in Other Exchanges
N/A
Address
B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad, TG, IND, 502032
Website
https://www.innomet.net
Innomet Advanced Materials Ltd is engaged in manufacturing and supplying Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components. It has 2 divisions with brand names as under: Innomet Powders, and Innotung. Innomet Powders is a manufacturer of Metal and Alloy Powders through water, air and gas atomization processes. Innotung is the brand name for The Tungsten Heavy Alloy series manufactured through the Powder Metallurgy process by the Company. it supplies the material in the form of bars, plates, cubes, spheres and components of various sizes and shapes also in the finished machined condition as per customer drawings.

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