Rishi Techtex (BOM:523021) Tax Rate % : 67.38% (As of Mar. 2024)

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What is Rishi Techtex Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rishi Techtex's Tax Expense for the three months ended in Mar. 2024 was ₹7 Mil. Rishi Techtex's Pre-Tax Income for the three months ended in Mar. 2024 was ₹10 Mil. Therefore, Rishi Techtex's Tax Rate % for the quarter that ended in Mar. 2024 was 67.38%.

Rishi Techtex Tax Rate % Historical Data

The historical data trend for Rishi Techtex'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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Rishi Techtex Tax Rate % Chart

Rishi Techtex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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55.01

30.27

37.06

11.13

40.50

Rishi Techtex 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															-13.20	26.78	14.66	14.09	67.38

Rishi Techtex Tax Rate % Calculation

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

Rishi Techtex'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 )
	=	9.177	/	22.66
	=	40.50 %

Rishi Techtex'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 )
	=	6.64	/	9.854
	=	67.38 %

Rishi Techtex Tax Rate % Related Terms

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Rishi Techtex (BOM:523021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Rishi Techtex Ltd (BOM:523021) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011

Website

https://www.rishitechtex.com

Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in the manufacturing of plastic woven, sacks, and shade nets. Its product categories include ShadeNets and Woven Bags. The ShadeNets are utilized as Agriculture/Horticulture Field, Wind Breakers, and Cattle Shed/Poultry Shed. The Woven Bags are suited as Packaging material for Fertilizers, Cement, Plastics Polymers, Chemicals, Bale Coverings, and Salt.

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