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Magson Retail and Distribution (NSE:MAGSON) Tax Rate % : 22.15% (As of Sep. 2023)


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What is Magson Retail and Distribution Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magson Retail and Distribution's Tax Expense for the six months ended in Sep. 2023 was ₹2.6 Mil. Magson Retail and Distribution's Pre-Tax Income for the six months ended in Sep. 2023 was ₹11.6 Mil. Therefore, Magson Retail and Distribution's Tax Rate % for the quarter that ended in Sep. 2023 was 22.15%.

Magson Retail and Distribution Tax Rate % Historical Data

The historical data trend for Magson Retail and Distribution'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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Magson Retail and Distribution Tax Rate % Chart

Magson Retail and Distribution Annual Data
Trend Mar21 Mar22 Mar23
Tax Rate %
25.37 27.22 25.12

Magson Retail and Distribution Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Tax Rate % - - 22.44 26.51 22.15

Magson Retail and Distribution Tax Rate % Calculation

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

Magson Retail and Distribution'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 )
=8.45/33.638
=25.12 %

Magson Retail and Distribution's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=2.567/11.587
=22.15 %

* 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.

Magson Retail and Distribution Tax Rate % Related Terms

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Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015
Website
https://www.magson.in
Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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