Vedant Fashions
MANYAVAR.NS
$11.33
Share price
-0.93%
Change (1 day)
-25.85%
Change (1 year)
Categories
Operating Margin for Vedant Fashions (MANYAVAR.NS)
Operating Margin as of May 2024 (TTM): 42.01%
According to Vedant Fashions's latest financial reports and stock price the company's current Operating Margin is 42.01%. At the end of 2023 the company had an Operating Margin of 44.82%.
Operating Margin history for Vedant Fashions from 2022 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 44.82% | 3.18% |
| 2022 | 43.44% | 17.95% |
| 2021 | 36.83% | -0.19% |
| 2020 | 36.90% | 1.53% |
| 2019 | 36.34% |
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.