The Lakshmi Vilas Bank EBIT margin
What is the EBIT margin of The Lakshmi Vilas Bank?
The EBIT margin of The Lakshmi Vilas Bank Limited is 0.00%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Finance sector on NSE compared to The Lakshmi Vilas Bank
What does The Lakshmi Vilas Bank do?
The Lakshmi Vilas Bank Limited provides various banking products and services in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, salary, retail institutional, current, and institutional accounts, as well as fixed and recurring deposits; and personal and commercial vehicle, home, jewel, education, deposit, agriculture term, business term, and rental loans, as well as loans against properties and securities. It also provides life, health, and general insurance products; mutual funds; online trading accounts; merchant and cash management services; credit, debit/ATM, prepaid, and gift cards; bill payment and money transfer services; NRI, mobile, and corporate banking services; and safe deposit lockers. In addition, the company offers forex, and export and cash credit services. As of March 31, 2020, it operated a network of 566 branches comprising 558 general banking branches, 7 commercial banking branches, and 1 satellite branch, as well as 7 extension counters and 973 ATMs. The company was founded in 1926 and is based in Chennai, India.
Companies with ebit margin similar to The Lakshmi Vilas Bank
- Responsive Industries has EBIT margin of -0.03%
- Gamestop has EBIT margin of -0.02%
- Haemato AG has EBIT margin of -0.01%
- The Gap has EBIT margin of -0.01%
- The Gap has EBIT margin of -0.01%
- Religare Enterprises has EBIT margin of -0.01%
- The Lakshmi Vilas Bank has EBIT margin of 0.00%
- Vardhman Special Steels has EBIT margin of 0.00%
- MSP Steel & Power has EBIT margin of 0.01%
- Rasi Electrodes has EBIT margin of 0.01%
- Olympia Industries has EBIT margin of 0.02%
- American Airlines has EBIT margin of 0.03%
- Franchise has EBIT margin of 0.03%