GB Global Profit margin

What is the Profit margin of GB Global?

The Profit margin of GB Global Limited is 1,490.07%

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 Consumer Discretionary sector on NSE compared to GB Global

What does GB Global do?

GB Global Limited manufactures and sells textiles and garments in India. The company is involved in the yarn dyeing, weaving, printing, and processing activities. It also exports its products. The company was formerly known as Mandhana Industries Limited and changed its name to GB Global Limited in August 2019. GB Global Limited was incorporated in 1984 and is based in Mumbai, India.

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