Sundaram Finance
SUNDARMHLD.NS
#5698
Rank
โ‚ฌ0.81 B
Marketcap
3,68ย โ‚ฌ
Share price
1.20%
Change (1 day)
177.77%
Change (1 year)

Operating Margin for Sundaram Finance (SUNDARMHLD.NS)

Operating Margin as of October 2024 (TTM): 95.98%

According to Sundaram Finance's latest financial reports and stock price the company's current Operating Margin is 95.98%. At the end of 2023 the company had an Operating Margin of 63.39%.

Operating Margin history for Sundaram Finance from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202363.39%118.82%
202228.97%9.46%
202126.46%-33.44%
202039.76%-15.87%
201947.26%39%
201834.00%53.58%
201722.14%32.85%
201616.66%

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.