Accounting & Bookkeeping

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The profit earned from a company's core business operations, calculated as revenue minus operating expenses, excluding interest and taxes.

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Operating Profit (also called Operating Income or EBIT — Earnings Before Interest and Taxes) measures the profitability of a company's core business activities. It excludes non-operating items like interest expense, interest income, and income tax, providing a cleaner view of operational efficiency. Operating Profit Margin (Operating Profit ÷ Revenue × 100) is a key metric for comparing companies within the same industry regardless of their capital structure or tax situation. A healthy operating margin varies by industry: software (25–35%), manufacturing (10–20%), retail (3–8%). Declining operating margin signals deteriorating operational efficiency, pricing pressure, or rising costs.

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Operating Profit = Revenue − Cost of Goods Sold − Operating Expenses (Salaries, Rent, Utilities, Depreciation, Admin, Marketing)

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Company XYZ: Revenue ₹50,00,000. COGS: ₹25,00,000. Gross Profit: ₹25,00,000. Operating expenses (salaries ₹8,00,000 + rent ₹2,00,000 + depreciation ₹1,50,000 + marketing ₹1,00,000 + admin ₹50,000) = ₹13,00,000. Operating Profit: ₹25,00,000 − ₹13,00,000 = ₹12,00,000. Operating Margin: 24%.

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What is the difference between operating profit and EBITDA?

Operating Profit (EBIT) includes depreciation and amortization. EBITDA adds those back. EBITDA = Operating Profit + Depreciation + Amortization. EBITDA is used for comparing companies with different asset bases, while operating profit is the statutory P&L metric. Both exclude interest and taxes.

Why is operating profit more useful than net profit for comparison?

Net profit includes interest (affected by capital structure) and taxes (affected by tax planning, location, and incentives). Two identical businesses can have very different net profits based on how they're financed and where they're registered. Operating profit isolates actual operational performance.

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