Idea Cellular Profit margin
What is the Profit margin of Idea Cellular?
The Profit margin of Idea Cellular Limited is -164.48%
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 BSE compared to Idea Cellular
What does Idea Cellular do?
Vodafone Idea Limited operates mobile telecommunications in India. The company offers 2G, 3G, and 4G services; prepaid, postpaid, and roaming services, as well as interconnect and long distance services; voice, data, and enterprise services, as well as various other value added services, including short messaging services, digital services, Internet of Things, etc. It also trades in handsets, data cards, and related accessories; and provides internet, mobile advertisement, toll free services, etc. Vodafone Idea Limited has approximately 293.7 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
- SSPDL has Profit margin of -165.59%
- GeneNews has Profit margin of -165.32%
- Bang has Profit margin of -165.32%
- Impac Mortgage has Profit margin of -165.24%
- Huarong Investment Stock has Profit margin of -165.13%
- ITM Power Plc has Profit margin of -164.87%
- Idea Cellular has Profit margin of -164.48%
- Carnegie Clean has Profit margin of -164.06%
- Alita Resources has Profit margin of -163.94%
- Sage International has Profit margin of -163.45%
- Parx Materials N.V has Profit margin of -163.10%
- Link has Profit margin of -162.89%
- Bingo has Profit margin of -162.80%