Dorian LPG Ltd (LPG)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 152,689 | 365,242 | 228,045 | 112,995 | 147,711 |
| Revenue | US$ in thousands | 353,341 | 560,717 | 389,749 | 274,221 | 315,939 |
| Gross profit margin | 43.21% | 65.14% | 58.51% | 41.21% | 46.75% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $152,689K ÷ $353,341K
= 43.21%
Dorian LPG Ltd's gross profit margin has shown fluctuations over the past five years. The margin was at its highest in March 2024 at 65.14% and at its lowest in March 2022 at 41.21%. The trend indicates an overall improvement from 2022 to 2024, suggesting the company's ability to effectively manage its cost of goods sold. However, there was a notable decrease in the margin in March 2025 to 43.21%, which may require further investigation to understand the factors impacting this decline. Overall, Dorian LPG Ltd should continue to monitor its gross profit margin to ensure sustainable profitability and operational efficiency.