Shirpur Gold Refinery Profit margin
What is the Profit margin of Shirpur Gold Refinery?
The Profit margin of Shirpur Gold Refinery Limited is -1.82%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on NSE compared to Shirpur Gold Refinery
What does Shirpur Gold Refinery do?
Shirpur Gold Refinery Limited, together with its subsidiaries, engages in refining, manufacturing, trading, and marketing of precious metal products in India. The company offers gold bars, gold coins, and gold jewelry. It also exports its gold jewelry. The company was formerly known as Agee Gold Refiners Limited and changed its name to Shirpur Gold Refinery Limited in March 2002. Shirpur Gold Refinery Limited was incorporated in 1984 and is based in Mumbai, India.
Companies with profit margin similar to Shirpur Gold Refinery
- Aurelia Metals has Profit margin of -1.85%
- mVISE AG has Profit margin of -1.85%
- Kits Eyecare has Profit margin of -1.84%
- Union Technologies Informatique SA has Profit margin of -1.84%
- Optima Automobile has Profit margin of -1.83%
- SML Isuzu has Profit margin of -1.82%
- Shirpur Gold Refinery has Profit margin of -1.82%
- Newmark Security plc has Profit margin of -1.82%
- Archer has Profit margin of -1.82%
- Maoye International has Profit margin of -1.81%
- PAE has Profit margin of -1.81%
- Jinchuan International Resources Co. Ltd has Profit margin of -1.81%
- Carry Wealth has Profit margin of -1.81%