Apollo Tyres (NSE:APOLLOTYRE) Tax Rate % : 37.11% (As of Mar. 2024)

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What is Apollo Tyres Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Apollo Tyres's Tax Expense for the three months ended in Mar. 2024 was ₹2,089 Mil. Apollo Tyres's Pre-Tax Income for the three months ended in Mar. 2024 was ₹5,630 Mil. Therefore, Apollo Tyres's Tax Rate % for the quarter that ended in Mar. 2024 was 37.11%.

Apollo Tyres Tax Rate % Historical Data

The historical data trend for Apollo Tyres'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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Apollo Tyres Tax Rate % Chart

Apollo Tyres Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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12.34

37.60

24.66

26.72

32.22

Apollo Tyres 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															22.08	31.14	30.26	31.10	37.11

Apollo Tyres Tax Rate % Calculation

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

Apollo Tyres'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 )
	=	8183.38	/	25402.04
	=	32.22 %

Apollo Tyres'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 )
	=	2089.22	/	5630.03
	=	37.11 %

Apollo Tyres Tax Rate % Related Terms

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Apollo Tyres (NSE:APOLLOTYRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Apollo Tyres Ltd (NSE:APOLLOTYRE) » Definitions » Tax Rate %

Traded in Other Exchanges

500877:India

Address

Apollo House, 7 Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.apollotyres.com

Apollo Tyres Ltd manufactures and sells tires. The company's geographical segments are the Asia Pacific, the Middle East, Africa, Europe, and Others. The firm's two key brands are Apollo and Vredestein. The product portfolio comprises tires for Passenger, Commercial, Off-highway vehicles, and Two-wheelers.

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