Majesco Gross margin
What is the Gross margin of Majesco?
The Gross margin of Majesco Limited is -52.37%
What is the definition of Gross margin?
Gross margin is the difference between revenue and cost of goods sold, divided by revenue, and expressed as a percentage.
lfy (last fiscal year)
Gross margin is a type of profit margin, specifically a form of profit divided by net revenue. It is generally calculated as the selling price of an item, minus the cost of goods sold (production or acquisition costs, not including indirect fixed costs like rent, or administrative costs). The purpose of margins is to give a description of the gross profit.
Gross margin of companies in the Technology sector on NSE compared to Majesco
What does Majesco do?
Majesco Limited, together with its subsidiaries, provides cloud-based software solutions for the insurance industry in North America, Europe, and internationally. The company offers Property & Casualty Core Suite that provides core system capabilities, including policy, billing, and claims for property and casualty personal, commercial, workers' compensation, and specialty insurance; and L&A and Group Core Suite insurance software for individual, group, and voluntary benefits insurance. It also provides LifePlus Solutions for individual life, pensions, and wealth management; insurance distribution management software; Data and Analytics Platform, a business intelligence and analytics tool for claims, underwriting, policy, and billing functions; and Digital Insurance platform, a digital and micro-services based cloud-only platform solution. Majesco Limited offers software solutions for property, casualty and life, and annuity providers. In addition, it provides cloud implementation, cloud subscription, professional, and support and maintenance services. The company was formerly known as Minefields Computers Limited and changed its name to Majesco Limited in June 2015. Majesco Limited was incorporated in 2013 and is based in Navi Mumbai, India.
Companies with gross margin similar to Majesco
- Ascent Resources plc has Gross margin of -55.03%
- Hands Form Ltd has Gross margin of -54.03%
- EP&T Global has Gross margin of -53.46%
- Asensus Surgical Inc has Gross margin of -53.38%
- Family Insights has Gross margin of -52.97%
- Guangdong Land has Gross margin of -52.52%
- Majesco has Gross margin of -52.37%
- AudioValley SA has Gross margin of -52.33%
- VIP Gloves has Gross margin of -52.08%
- Jupiter Infomedia has Gross margin of -51.90%
- T2 Biosystems has Gross margin of -51.49%
- FBR has Gross margin of -51.27%
- U&I Plc has Gross margin of -50.86%