Wheels India (BOM:590073) Tax Rate % : 18.68% (As of Dec. 2023)

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What is Wheels India Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wheels India's Tax Expense for the three months ended in Dec. 2023 was ₹20 Mil. Wheels India's Pre-Tax Income for the three months ended in Dec. 2023 was ₹108 Mil. Therefore, Wheels India's Tax Rate % for the quarter that ended in Dec. 2023 was 18.68%.

Wheels India Tax Rate % Historical Data

The historical data trend for Wheels India'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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Wheels India Tax Rate % Chart

Wheels India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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29.65

-33.18

85.00

24.15

21.79

Wheels India 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															25.53	17.64	19.98	-12.37	18.68

Wheels India Tax Rate % Calculation

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

Wheels India'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 )
	=	150.9	/	692.4
	=	21.79 %

Wheels India'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 )
	=	20.1	/	107.6
	=	18.68 %

Wheels India Tax Rate % Related Terms

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Wheels India (BOM:590073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wheels India Ltd (BOM:590073) » Definitions » Tax Rate %

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WHEELS:India

Address

M.T.H. Road, Padi, Chennai, TN, IND, 600 050

Website

https://www.wheelsindia.com

Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into Automotive Components and Industrial Components segment. The automotive company segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment; however, the group is also engaged in the manufacturing suspension products for the vehicles. The industrial segment includes components and structures for windmills, railways and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.

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