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Indian Renewable Energy Development Agency (BOM:544026) Tax Rate % : 29.66% (As of Mar. 2024)


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What is Indian Renewable Energy Development Agency Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Indian Renewable Energy Development Agency's Tax Expense for the three months ended in Mar. 2024 was ₹1,423 Mil. Indian Renewable Energy Development Agency's Pre-Tax Income for the three months ended in Mar. 2024 was ₹4,797 Mil. Therefore, Indian Renewable Energy Development Agency's Tax Rate % for the quarter that ended in Mar. 2024 was 29.66%.


Indian Renewable Energy Development Agency Tax Rate % Historical Data

The historical data trend for Indian Renewable Energy Development Agency'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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Indian Renewable Energy Development Agency Tax Rate % Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Tax Rate %
39.18 24.02 24.11 25.69

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 12.05 32.98 25.05 13.10 29.66

Indian Renewable Energy Development Agency Tax Rate % Calculation

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

Indian Renewable Energy Development Agency'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 )
=4330.103/16852.393
=25.69 %

Indian Renewable Energy Development Agency'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 )
=1422.924/4796.684
=29.66 %

* 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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Indian Renewable Energy Development Agency (BOM:544026) Business Description

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August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

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