Indoco Remedies
INDOCO.NS
#6806
Rank
โ‚ฌ0.37 B
Marketcap
4,06ย โ‚ฌ
Share price
2.07%
Change (1 day)
5.49%
Change (1 year)

Operating Margin for Indoco Remedies (INDOCO.NS)

Operating Margin as of September 2024 (TTM): 6.06%

According to Indoco Remedies 's latest financial reports and stock price the company's current Operating Margin is 6.06%. At the end of 2023 the company had an Operating Margin of 11.76%.

Operating Margin history for Indoco Remedies from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.76%-25.28%
202215.73%45.24%
202110.83%309.42%
20202.65%-367.65%
2019-0.99%-120.78%
20184.76%-45.23%
20178.68%-11.52%
20169.81%-23.24%
201512.78%29.5%
20149.87%28.25%
20137.70%-14.61%
20129.01%-23.37%
201111.76%9.72%
201010.72%13.42%
20099.45%
200714.30%-12.63%
200616.37%-13.3%
200518.88%

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.