Nectar Lifesciences
NECLIFE.NS
#8695
Rank
โ‚น8.80 B
Marketcap
โ‚น39.09
Share price
1.66%
Change (1 day)
67.70%
Change (1 year)

Operating Margin for Nectar Lifesciences (NECLIFE.NS)

Operating Margin as of October 2024 (TTM): 6.79%

According to Nectar Lifesciences 's latest financial reports and stock price the company's current Operating Margin is 6.79%. At the end of 2023 the company had an Operating Margin of -2.78%.

Operating Margin history for Nectar Lifesciences from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.78%-236.33%
20222.04%-137.18%
2021-5.49%-446.87%
20201.58%-25.08%
20192.11%-36.73%
20183.34%-18.55%
20174.10%7.68%
20163.81%-26.17%
20155.16%8%
20144.78%-32.37%
20137.06%7.74%
20126.56%-42.55%
201111.41%-16.29%
201013.63%65.71%
20098.23%-23.01%
200810.68%-5.68%
200711.33%-27.92%
200615.72%

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.