Idea Cellular Profit margin
What is the Profit margin of Idea Cellular?
The Profit margin of Idea Cellular Limited is -73.37%
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 Communication Services sector on NSE compared to Idea Cellular
What does Idea Cellular do?
Vodafone Idea Limited provides mobile telecommunication services in India. It offers voice and data services on 2G, 3G, and 4G technologies; broadband services; content services; digital and Internet of thing services; and other value added services, including entertainment, voice and SMS based, and utility services. The company also provides long distance and ISP services; passive infrastructure services; manpower services; fiber infrastructure services; and business and enterprise services. It also trades in mobile handsets, data cards, and related accessories. As of March 31, 2021, it had approximately 255.7 million mobile subscribers. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.
Companies with profit margin similar to Idea Cellular
- Subex has Profit margin of -73.74%
- Subex has Profit margin of -73.74%
- Seraphine PLC has Profit margin of -73.71%
- Pacwest Bancorp has Profit margin of -73.67%
- SnowWorld N.V has Profit margin of -73.58%
- CEFC Hong Kong Investment has Profit margin of -73.53%
- Idea Cellular has Profit margin of -73.37%
- Next Science has Profit margin of -73.35%
- Autolite (India) has Profit margin of -73.33%
- Hill Street Beverage has Profit margin of -73.26%
- Hill Street Beverage has Profit margin of -73.26%
- Nagreeka Capital & Infrastructure has Profit margin of -73.22%
- Newtopia has Profit margin of -73.16%