IFCI (BOM:500106) Tax Rate % : 45.24% (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is IFCI Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IFCI's Tax Expense for the three months ended in Mar. 2024 was ₹1,300 Mil. IFCI's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,873 Mil. Therefore, IFCI's Tax Rate % for the quarter that ended in Mar. 2024 was 45.24%.

IFCI Tax Rate % Historical Data

The historical data trend for IFCI'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.

* Premium members only.

IFCI Tax Rate % Chart

IFCI Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

-136.85

8.31

-15.62

559.28

67.90

IFCI Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-39.96	-0.99	66.75	44.67	45.24

IFCI Tax Rate % Calculation

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

IFCI's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	5098.3	/	7508.8
	=	67.90 %

IFCI's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	1299.5	/	2872.7
	=	45.24 %

IFCI Tax Rate % Related Terms

Thank you for viewing the detailed overview of IFCI's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

IFCI (BOM:500106) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IFCI Ltd (BOM:500106) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

IFCI:India

Address

IFCI Towers, 61 Nehru Place, New Delhi, IND, 110 019

Website

https://www.ifciltd.com

IFCI Ltd is a financial services company, which provides funding for industrial companies in India. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. Lending operations comprise the vast majority of the company's business, and majority of the company's revenue consists of interest income on loans IFCI makes. The Company has played a decisive role in setting up various reputed market intermediaries like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutions across the country.

IFCI (BOM:500106) Headlines

No Headlines