Spandana Sphoorty Financial
SPANDANA.NS
#6493
Rank
โ‚น42.63 B
Marketcap
โ‚น597.95
Share price
-1.23%
Change (1 day)
-23.38%
Change (1 year)

Operating Margin for Spandana Sphoorty Financial (SPANDANA.NS)

Operating Margin as of September 2024 (TTM): 31.47%

According to Spandana Sphoorty Financial's latest financial reports and stock price the company's current Operating Margin is 31.47%. At the end of 2023 the company had an Operating Margin of 1.35%.

Operating Margin history for Spandana Sphoorty Financial from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.35%-80.64%
20227.00%-53.25%
202114.97%-69.68%
202049.37%5.02%
201947.01%-4.7%
201849.33%304.95%
201712.18%-82.81%
201670.86%99.61%
201535.50%

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.