Tasty Bite Eatables Profit margin
What is the Profit margin of Tasty Bite Eatables?
The Profit margin of Tasty Bite Eatables Limited is 2.71%
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 Consumer Staples sector on NSE compared to Tasty Bite Eatables
What does Tasty Bite Eatables do?
Tasty Bite Eatables Limited manufactures and sells ready-to-eat food, and formed frozen food and specialty sauces under the Tasty Bite brand name in India and internationally. The company offers rice, Indian entrées, Asian noodles, patties, appetizers, ready meals, and gravies and pastes, as well as specialty, emulsion, and tomato based sauces; and ingredients, such as basmati rice, black lentils, brown rice, cardamom, cashew nuts, chickpeas, cloves, coconut milk, coriander, and cumin. The company was incorporated in 1985 and is based in Pune, India. Tasty Bite Eatables Limited is a subsidiary of Preferred Brands Foods (India) Private Limited.
Companies with profit margin similar to Tasty Bite Eatables
- Thangamayil Jewellery has Profit margin of 2.70%
- Australian Finance has Profit margin of 2.70%
- Coles has Profit margin of 2.71%
- SPIE SA has Profit margin of 2.71%
- Retech Technology Co has Profit margin of 2.71%
- Innsuites Hospitality Trust has Profit margin of 2.71%
- Tasty Bite Eatables has Profit margin of 2.71%
- Fr.Vorwerk Grp Se Inh On has Profit margin of 2.71%
- Dhanalaxmi Roto Spinners has Profit margin of 2.71%
- Catering International Services has Profit margin of 2.71%
- A & S () has Profit margin of 2.71%
- Lap Kei Engineering () has Profit margin of 2.71%
- PanAsialum has Profit margin of 2.72%