Amreli Steels (KAR:ASTL) Tax Rate % : 28.88% (As of Mar. 2024)

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What is Amreli Steels Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Amreli Steels's Tax Expense for the three months ended in Mar. 2024 was ₨-270 Mil. Amreli Steels's Pre-Tax Income for the three months ended in Mar. 2024 was ₨-936 Mil. Therefore, Amreli Steels's Tax Rate % for the quarter that ended in Mar. 2024 was 28.88%.

Amreli Steels Tax Rate % Historical Data

The historical data trend for Amreli Steels'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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Amreli Steels Tax Rate % Chart

Amreli Steels Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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148.87

36.08

1.13

36.21

-2,521.90

Amreli Steels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															12.97	-524.13	33.86	30.41	28.88

Amreli Steels Tax Rate % Calculation

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

Amreli Steels's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	652.567	/	-25.876
	=	-2,521.90 %

Amreli Steels'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 )
	=	-270.364	/	-936.167
	=	28.88 %

Amreli Steels Tax Rate % Related Terms

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Amreli Steels (KAR:ASTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Amreli Steels Ltd (KAR:ASTL) » Definitions » Tax Rate %

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Address

Sky Tower, West Wing, Tower–A, Plot No. HC-3, Block No. 4, 14th Floor, KDA Scheme 5, Clifton, Karachi, PAK, 75730

Website

https://www.amrelisteel.com

Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and amongst others. The majority of the firm's revenue is derived from Pakistan.