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Magellanic Cloud (BOM:538891) Tax Rate % : 29.97% (As of Jun. 2024)


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What is Magellanic Cloud Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magellanic Cloud's Tax Expense for the three months ended in Jun. 2024 was ₹113 Mil. Magellanic Cloud's Pre-Tax Income for the three months ended in Jun. 2024 was ₹379 Mil. Therefore, Magellanic Cloud's Tax Rate % for the quarter that ended in Jun. 2024 was 29.97%.


Magellanic Cloud Tax Rate % Historical Data

The historical data trend for Magellanic Cloud'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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Magellanic Cloud Tax Rate % Chart

Magellanic Cloud Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.04 -47.27 10.20 20.98 26.75

Magellanic Cloud Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.35 22.23 33.10 23.74 29.97

Magellanic Cloud Tax Rate % Calculation

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

Magellanic Cloud'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 )
=375.985/1405.53
=26.75 %

Magellanic Cloud's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=113.431/378.502
=29.97 %

* 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.


Magellanic Cloud Tax Rate % Related Terms

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Magellanic Cloud Business Description

Traded in Other Exchanges
N/A
Address
Dallas Center, 83/1, Plot No. A1, 6th & 7th Floor, Hyderabad Knowledge City, Rai Durg, Madhapur, Hyderabad, TG, IND, 500032
Magellanic Cloud Ltd is a provider of IT services. It is engaged in software development, consulting, digital transformation, and DevOps. The company has also ventured into FMCG products. It operates through two segments, namely, IT Consulting Services and FMCG Product Division. The company earns the majority of its revenue from FMCG Product Division.

Magellanic Cloud Headlines

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