According to IndiaMART's latest financial reports and stock price the company's current Operating Margin is 38.49%. At the end of 2022 the company had an Operating Margin of 51.82%.
Year | Operating Margin | Change |
---|---|---|
2022 | 51.82% | -10.89% |
2021 | 58.15% | 75.72% |
2020 | 33.09% | 211.41% |
2019 | 10.63% | -172.59% |
2018 | -14.64% | -27.48% |
2017 | -20.19% | -55.54% |
2016 | -45.40% | 150.86% |
2015 | -18.10% |
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.