The Lakshmi Vilas Bank Gross margin
What is the Gross margin of The Lakshmi Vilas Bank?
The Gross margin of The Lakshmi Vilas Bank Limited is 106.18%
What is the definition of Gross margin?
Gross margin is the difference between revenue and cost of goods sold, divided by revenue, and expressed as a percentage.
lfy (last fiscal year)
Gross margin is a type of profit margin, specifically a form of profit divided by net revenue. It is generally calculated as the selling price of an item, minus the cost of goods sold (production or acquisition costs, not including indirect fixed costs like rent, or administrative costs). The purpose of margins is to give a description of the gross profit.
Gross margin of companies in the Finance sector on NSE compared to The Lakshmi Vilas Bank
What does The Lakshmi Vilas Bank do?
The Lakshmi Vilas Bank Limited provides various banking products and services in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, salary, retail institutional, current, and institutional accounts, as well as fixed and recurring deposits; and personal and commercial vehicle, home, jewel, education, deposit, agriculture term, business term, and rental loans, as well as loans against properties and securities. It also provides life, health, and general insurance products; mutual funds; online trading accounts; merchant and cash management services; credit, debit/ATM, prepaid, and gift cards; bill payment and money transfer services; NRI, mobile, and corporate banking services; and safe deposit lockers. In addition, the company offers forex, and export and cash credit services. As of March 31, 2020, it operated a network of 566 branches comprising 558 general banking branches, 7 commercial banking branches, and 1 satellite branch, as well as 7 extension counters and 973 ATMs. The company was founded in 1926 and is based in Chennai, India.
Companies with gross margin similar to The Lakshmi Vilas Bank
- Norben Tea & Exports has Gross margin of 105.12%
- Aberdeen Frontier Markets Investment has Gross margin of 105.41%
- Ablaze Technologies Inc has Gross margin of 105.44%
- Bryn Mawr Bank has Gross margin of 105.82%
- Industrial Investment Trust has Gross margin of 105.83%
- Atlantic Capital Bancshares Inc has Gross margin of 106.18%
- The Lakshmi Vilas Bank has Gross margin of 106.18%
- Orient Securities International has Gross margin of 106.40%
- Fountain Asset has Gross margin of 106.55%
- Emergent Capital has Gross margin of 106.74%
- Bluma Wellness has Gross margin of 106.74%
- Sure Ventures plc has Gross margin of 106.76%
- Great Western Bancorp Inc has Gross margin of 106.89%