According to Redington India's latest financial reports and stock price the company's current Operating Margin is 2.65%. At the end of 2023 the company had an Operating Margin of 2.31%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.31% | -10.86% |
2022 | 2.59% | 30.77% |
2021 | 1.98% | 47.29% |
2020 | 1.35% | 0.42% |
2019 | 1.34% | -7.67% |
2018 | 1.45% | -8.86% |
2017 | 1.59% | -5.06% |
2016 | 1.68% | -4.74% |
2015 | 1.76% | 1.23% |
2014 | 1.74% | -9.31% |
2013 | 1.92% | 19.86% |
2012 | 1.60% | -20.43% |
2011 | 2.01% | 0.25% |
2010 | 2.01% | 16% |
2009 | 1.73% | 6.14% |
2008 | 1.63% | 15.99% |
2007 | 1.40% | 6.12% |
2006 | 1.32% |
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.