Aban Offshore Profit margin
What is the Profit margin of Aban Offshore?
The Profit margin of Aban Offshore Limited is -298.36%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Energy sector on NSE compared to Aban Offshore
What does Aban Offshore do?
Aban Offshore Limited, together with its subsidiaries, provides offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas in India and internationally. It offers exploratory, drilling, hydrocarbons production, and manning and management services. The company owns and operates various offshore drilling rigs, drill ships, and floating production units. It also engages in the ownership and operation of wind turbines for the generation of wind power. The company's wind farms are located at Radhapuram, Pazhavoor, and Kavalkinaru in Tirunelveli District, Tamil Nadu. Aban Offshore Limited was incorporated in 1986 and is based in Chennai, India.
Companies with profit margin similar to Aban Offshore
- Rimfire Pacific Mining NL has Profit margin of -299.34%
- Dadi International has Profit margin of -299.23%
- Invitae Corp has Profit margin of -299.14%
- The Very Good Food has Profit margin of -298.88%
- ZoomAway Travel has Profit margin of -298.63%
- ZoomAway Travel has Profit margin of -298.63%
- Aban Offshore has Profit margin of -298.36%
- Lake Shore Gold has Profit margin of -298.16%
- Hapbee Technologies has Profit margin of -297.95%
- Aquarius AI has Profit margin of -297.85%
- H-CYTE has Profit margin of -297.81%
- RYU Apparel has Profit margin of -297.39%
- PuriflOH has Profit margin of -296.25%