Torrent Power
TORNTPOWER.NS
#1564
Rank
C$15.24 B
Marketcap
$30.23
Share price
1.49%
Change (1 day)
159.81%
Change (1 year)

Operating Margin for Torrent Power (TORNTPOWER.NS)

Operating Margin as of September 2024 (TTM): 14.46%

According to Torrent Power's latest financial reports and stock price the company's current Operating Margin is 14.46%. At the end of 2023 the company had an Operating Margin of 11.97%.

Operating Margin history for Torrent Power from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.97%198.38%
20224.01%-68.93%
202112.91%266.42%
20203.52%-63.86%
20199.75%-21.48%
201812.42%106.35%
20176.02%-47.69%
201611.51%57.62%
20157.30%127.12%
20143.21%-59.31%
20137.90%-65.18%
201222.68%4.03%
201121.80%6.94%
201020.39%82.45%
200911.18%7.6%
200810.39%11.46%
20079.32%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.