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Ashirwad Steels & Industries (BOM:526847) Pretax Margin % : -183.12% (As of Mar. 2024)


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What is Ashirwad Steels & Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ashirwad Steels & Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹13.33 Mil. Ashirwad Steels & Industries's Revenue for the three months ended in Mar. 2024 was ₹-7.28 Mil. Therefore, Ashirwad Steels & Industries's pretax margin for the quarter that ended in Mar. 2024 was -183.12%.

The historical rank and industry rank for Ashirwad Steels & Industries's Pretax Margin % or its related term are showing as below:

BOM:526847' s Pretax Margin % Range Over the Past 10 Years
Min: -99999999.99   Med: 2.52   Max: 507.46
Current: -99999999.99


BOM:526847's Pretax Margin % is not ranked
in the Steel industry.
Industry Median: 3.46 vs BOM:526847: -99999999.99

Ashirwad Steels & Industries Pretax Margin % Historical Data

The historical data trend for Ashirwad Steels & Industries's Pretax 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.

Ashirwad Steels & Industries Pretax Margin % Chart

Ashirwad Steels & Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.88 -62.69 219.55 - -

Ashirwad Steels & Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -199.66 282.94 292.70 215.96 -183.12

Competitive Comparison of Ashirwad Steels & Industries's Pretax Margin %

For the Steel subindustry, Ashirwad Steels & Industries's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Ashirwad Steels & Industries's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashirwad Steels & Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ashirwad Steels & Industries's Pretax Margin % falls into.



Ashirwad Steels & Industries Pretax Margin % Calculation

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

Ashirwad Steels & Industries's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=31.859/0
= %

Ashirwad Steels & Industries's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=13.331/-7.28
=-183.12 %

* 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.


Ashirwad Steels & Industries  (BOM:526847) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Ashirwad Steels & Industries Pretax Margin % Related Terms

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Ashirwad Steels & Industries (BOM:526847) Business Description

Traded in Other Exchanges
N/A
Address
6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069
Ashirwad Steels & Industries Ltd is an Indian based company that operates in the sponge iron business. It is involved in the manufacturing of sponge iron using iron-ore and coal as the raw materials. The sponge iron is used as input by the steel melting shops to produce ingots and billets which are thereafter re-rolled by the rolling mills to produce end steel products like Rods, Bars, Plain Rounds, Angles, Flats, Channels, Girders and others. Geographically, the business activity is carried out through the region of India and derives revenue through the sale of products.

Ashirwad Steels & Industries (BOM:526847) Headlines

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