Globe Multi Ventures (BOM:540266) Tax Rate % : 26.00% (As of Dec. 2023)

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What is Globe Multi Ventures Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Globe Multi Ventures's Tax Expense for the three months ended in Dec. 2023 was ₹3 Mil. Globe Multi Ventures's Pre-Tax Income for the three months ended in Dec. 2023 was ₹10 Mil. Therefore, Globe Multi Ventures's Tax Rate % for the quarter that ended in Dec. 2023 was 26.00%.

Globe Multi Ventures Tax Rate % Historical Data

The historical data trend for Globe Multi Ventures'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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Globe Multi Ventures Tax Rate % Chart

Globe Multi Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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40.65

-54.09

27.50

27.00

Globe Multi Ventures 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															26.00	-106.59	25.99	27.96	26.00

Globe Multi Ventures Tax Rate % Calculation

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

Globe Multi Ventures'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 )
	=	8.795	/	32.573
	=	27.00 %

Globe Multi Ventures'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 )
	=	2.505	/	9.635
	=	26.00 %

Globe Multi Ventures Tax Rate % Related Terms

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Globe Multi Ventures (BOM:540266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Globe Multi Ventures Ltd (BOM:540266) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Transport Road, Plot No. 54 and 55, A.G. Arcade, Balaji Co-operative Society, Secunderabad, TG, IND, 500009

Website

http://www.globecommercialsltd.com

Globe Multi Ventures Ltd is engaged in the business of buyer, seller, stockist, agent, brokers, commission agents, and others in agro commodities, sanitary ware, cotton, jute, and all other merchandise goods. The company also provides Management and Financial Consultancy.

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