I.g. Petrochemicals
IGPL.NS
#6935
Rank
$0.19 B
Marketcap
$6.35
Share price
0.84%
Change (1 day)
6.37%
Change (1 year)

Operating Margin for I.g. Petrochemicals (IGPL.NS)

Operating Margin as of April 2024 (TTM): 14.71%

According to I.g. Petrochemicals 's latest financial reports and stock price the company's current Operating Margin is 14.71%. At the end of 2022 the company had an Operating Margin of 18.92%.

Operating Margin history for I.g. Petrochemicals from 2013 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202218.92%-15.84%
202122.49%645.91%
20203.01%-78.95%
201914.32%-28.87%
201820.13%59.08%
201712.65%57.53%
20168.03%747.66%
20150.95%191.62%
20140.32%-18.94%
20130.40%-78.6%
20121.87%-28.43%
20112.62%-56.9%
20106.07%1829%
20090.31%-94.67%
20085.91%4.82%
20075.63%

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.