Olectra Greentech
OLECTRA.NS
#4972
Rank
โ‚น118.17 B
Marketcap
โ‚น1,439
Share price
3.57%
Change (1 day)
18.32%
Change (1 year)

Operating Margin for Olectra Greentech (OLECTRA.NS)

Operating Margin as of November 2024 (TTM): 10.27%

According to Olectra Greentech's latest financial reports and stock price the company's current Operating Margin is 10.27%. At the end of 2023 the company had an Operating Margin of 11.08%.

Operating Margin history for Olectra Greentech from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.08%14.85%
20229.65%101.65%
20214.78%-65.01%
202013.67%-242.99%
2019-9.56%-202.03%
20189.37%-23.12%
201712.19%-1.44%
201612.37%10.76%
201511.17%4.39%
201410.70%6.07%
201310.09%-0.11%
201210.10%-17.15%
201112.19%-29.68%
201017.33%-25.04%
200923.12%-17.53%
200828.03%

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.