Panama Petrochem (NSE:PANAMAPET) Tax Rate % : 20.19% (As of Dec. 2023)

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What is Panama Petrochem Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Panama Petrochem's Tax Expense for the three months ended in Dec. 2023 was ₹105 Mil. Panama Petrochem's Pre-Tax Income for the three months ended in Dec. 2023 was ₹518 Mil. Therefore, Panama Petrochem's Tax Rate % for the quarter that ended in Dec. 2023 was 20.19%.

Panama Petrochem Tax Rate % Historical Data

The historical data trend for Panama Petrochem'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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Panama Petrochem Tax Rate % Chart

Panama Petrochem Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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27.48

10.47

24.60

19.53

20.91

Panama Petrochem 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															21.37	18.79	19.28	19.60	20.19

Panama Petrochem Tax Rate % Calculation

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

Panama Petrochem'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 )
	=	615.8	/	2945.5
	=	20.91 %

Panama Petrochem'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 )
	=	104.6	/	518.2
	=	20.19 %

Panama Petrochem Tax Rate % Related Terms

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Panama Petrochem (NSE:PANAMAPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Panama Petrochem Ltd (NSE:PANAMAPET) » Definitions » Tax Rate %

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524820:India

Address

24, Turner Road, No. 401, Aza House, Next to Andhra Bank, Bandra (West), Mumbai, MH, IND, 400 050

Website

https://www.panamapetro.com

Panama Petrochem Ltd manufactures and exports petroleum specialty products. Its products are white oil/liquid paraffin oil, petroleum jelly, transformer oil, rubber process oil, industrial oils and greases, drilling fluids, and others. The products are used in inks and resins, printing, textiles, rubber, pharmaceuticals, cosmetics, power, cables, and for other industrial purposes. The geographical segment of the sales is divided into two segments Domestic and Overseas.

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