Redington India
REDINGTON.NS
#4167
Rank
$1.95 B
Marketcap
$2.50
Share price
1.78%
Change (1 day)
25.00%
Change (1 year)

Operating Margin for Redington India (REDINGTON.NS)

Operating Margin as of March 2024 (TTM): 2.65%

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%.

Operating Margin history for Redington India from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20232.31%-10.86%
20222.59%30.77%
20211.98%47.29%
20201.35%0.42%
20191.34%-7.67%
20181.45%-8.86%
20171.59%-5.06%
20161.68%-4.74%
20151.76%1.23%
20141.74%-9.31%
20131.92%19.86%
20121.60%-20.43%
20112.01%0.25%
20102.01%16%
20091.73%6.14%
20081.63%15.99%
20071.40%6.12%
20061.32%

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.