Grasim Industries (Grasim Industries) Tax Rate % : 25.01% (As of Dec. 2023)

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What is Grasim Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grasim Industries's Tax Expense for the three months ended in Dec. 2023 was $104 Mil. Grasim Industries's Pre-Tax Income for the three months ended in Dec. 2023 was $417 Mil. Therefore, Grasim Industries's Tax Rate % for the quarter that ended in Dec. 2023 was 25.01%.

Grasim Industries Tax Rate % Historical Data

The historical data trend for Grasim Industries's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Grasim Industries Tax Rate % Chart

Grasim Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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46.84

-1.30

30.93

15.33

24.77

Grasim Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															12.43	31.02	25.06	29.27	25.01

Grasim Industries Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Grasim Industries's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	443.499	/	1790.122
	=	24.77 %

Grasim Industries's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	104.296	/	417.006
	=	25.01 %

Grasim Industries Tax Rate % Related Terms

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Grasim Industries (Grasim Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grasim Industries Ltd (OTCPK:GRSXY) » Definitions » Tax Rate %

Traded in Other Exchanges

GRASIM:India 500300:India

Address

Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030

Website

https://www.grasim.com

Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (Grasim Industries) Headlines

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Q3 2024 Grasim Industries Ltd Earnings Call Transcript

By GuruFocus Research • 02-12-2024