Aban Offshore (NSE:ABAN) Tax Rate % : -0.83% (As of Dec. 2023)

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What is Aban Offshore Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Aban Offshore's Tax Expense for the three months ended in Dec. 2023 was ₹27 Mil. Aban Offshore's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-3,238 Mil. Therefore, Aban Offshore's Tax Rate % for the quarter that ended in Dec. 2023 was -0.83%.

Aban Offshore Tax Rate % Historical Data

The historical data trend for Aban Offshore'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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Aban Offshore Tax Rate % Chart

Aban Offshore Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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-1.03

4.55

0.99

-1.07

-2.66

Aban Offshore 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															-2.08	-2.14	-2.47	-0.48	-0.83

Aban Offshore Tax Rate % Calculation

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

Aban Offshore'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 )
	=	282.43	/	-10601.52
	=	-2.66 %

Aban Offshore'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 )
	=	27.01	/	-3238.19
	=	-0.83 %

Aban Offshore Tax Rate % Related Terms

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Aban Offshore (NSE:ABAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aban Offshore Ltd (NSE:ABAN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

523204:India

Address

Pantheon Road, 113, Janpriya Crest, Egmore, Chennai, TN, IND, 600 008

Website

https://www.abanoffshore.com

Aban Offshore Ltd is an Indian company engaged in the business of offshore drilling services. Its services include exploratory services, drilling services, production of hydrocarbons and manning and management. The business also owns and wind turbines for the generation of wind power in India. It generates maximum revenue from drilling services. Aban serves South East Asia, South Asia, Latin America, West Africa, and the Middle East.

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