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Vineet Laboratories (BOM:543298) Tax Rate % : 11.43% (As of Dec. 2023)


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What is Vineet Laboratories Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vineet Laboratories's Tax Expense for the three months ended in Dec. 2023 was ₹-3 Mil. Vineet Laboratories's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-23 Mil. Therefore, Vineet Laboratories's Tax Rate % for the quarter that ended in Dec. 2023 was 11.43%.

Vineet Laboratories Tax Rate % Historical Data

The historical data trend for Vineet Laboratories'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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Vineet Laboratories Tax Rate % Chart

Vineet Laboratories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial - - 56.13 28.97 38.30

Vineet Laboratories Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -235.78 26.88 2.52 4.93 11.43

Vineet Laboratories Tax Rate % Calculation

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

Vineet Laboratories'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 )
=7.774/20.299
=38.30 %

Vineet Laboratories'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 )
=-2.665/-23.323
=11.43 %

* 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.

Vineet Laboratories Tax Rate % Related Terms

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Vineet Laboratories (BOM:543298) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vineet Laboratories Ltd (BOM:543298) » Definitions » Tax Rate %
Comparable Companies
NSE:SANGINITA BOM:524594 BOM:530991 BOM:531254 BOM:524210 BOM:524522 BOM:526971 BOM:519097 BOM:538634 BOM:507486 SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 CE XKLS:5183 XKRX:086520
Traded in Other Exchanges
VINEETLAB:India
Address
5-5-160, Malleswari Nilayam, Opposite Vishnu Theatre, Chintalakunta, L.B.Nagar, Hyderabad, TG, IND, 500 074
Website
https://www.vineetlabs.co.in
Vineet Laboratories Ltd Formerly known as Ortin Laboratories Limited, Unit-II is engaged in the business of Pharmaceutical intermediates and Fine chemicals. The products of the companies include Dimethyl phenoxy acetyl chloride, Dimethyl Phenoxy Acetic Acid, Isopropyl-beta-D-thiogalactopyranoside and Nitrophenyl phosphate disodium salt among others. Geographically, the company operates within India and outside India, with a majority of revenue coming from India. The company has one business segment, manufacture of Drug Intermediates & Bulk Dugs.

Vineet Laboratories (BOM:543298) Headlines

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