Nextracker Inc. Class A Common Stock (NXT)

Net profit margin

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net income	US$ in thousands	509,168	306,241	1,143	50,913	124,348
Revenue	US$ in thousands	2,959,200	2,499,840	1,902,140	1,457,590	1,195,620
Net profit margin		17.21%	12.25%	0.06%	3.49%	10.40%

March 31, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $509,168K ÷ $2,959,200K
= 17.21%

The net profit margin of Nextracker Inc. Class A Common Stock has fluctuated over the past five years.

- In March 31, 2021, the net profit margin stood at 10.40%, indicating that the company was able to convert 10.40% of its revenue into profit after all expenses were deducted. This suggests a healthy profitability level.

- However, by March 31, 2022, the net profit margin dropped to 3.49%, signaling a decrease in the company's ability to generate profit relative to revenue. This could be due to various factors such as an increase in expenses or a decrease in revenue.

- The net profit margin further decreased significantly to 0.06% by March 31, 2023, indicating a slim margin for profit generation. This suggests that the company may have experienced challenges in controlling costs or maintaining revenue levels.

- In March 31, 2024, the net profit margin rose to 12.25%, showing a strong recovery in profitability. This improvement could be attributed to cost-cutting measures, revenue growth, or operational efficiency enhancements.

- By March 31, 2025, the net profit margin further improved to 17.21%, reflecting a substantial increase in the company's ability to generate profit relative to its revenue. This signifies strong financial performance and efficiency in converting sales into profit.

Overall, the fluctuation in Nextracker Inc. Class A Common Stock's net profit margin over the five-year period indicates varying levels of profitability and operational effectiveness. It is essential for the company to consistently monitor its net profit margin and implement strategies to maintain or improve profitability levels.