Shanthi Gears (NSE:SHANTIGEAR) Tax Rate % : 19.52% (As of Mar. 2024)

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What is Shanthi Gears Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shanthi Gears's Tax Expense for the three months ended in Mar. 2024 was ₹62 Mil. Shanthi Gears's Pre-Tax Income for the three months ended in Mar. 2024 was ₹319 Mil. Therefore, Shanthi Gears's Tax Rate % for the quarter that ended in Mar. 2024 was 19.52%.

Shanthi Gears Tax Rate % Historical Data

The historical data trend for Shanthi Gears'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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Shanthi Gears Tax Rate % Chart

Shanthi Gears Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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22.94

22.63

27.69

25.66

24.98

Shanthi Gears 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															26.67	24.88	29.13	27.22	19.52

Shanthi Gears Tax Rate % Calculation

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

Shanthi Gears'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 )
	=	273.9	/	1096.4
	=	24.98 %

Shanthi Gears'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 )
	=	62.3	/	319.1
	=	19.52 %

Shanthi Gears Tax Rate % Related Terms

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Shanthi Gears (NSE:SHANTIGEAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanthi Gears Ltd (NSE:SHANTIGEAR) » Definitions » Tax Rate %

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Traded in Other Exchanges

522034:India

Address

304-A, Trichy Road, Singanallur, Coimbatore, TN, IND, 641005

Website

http://www.shanthigears.com

Shanthi Gears Ltd is an India based company, engages in the design, manufacture, supply, and servicing of gears and gearboxes. It offers standard worm gearboxes; helical and bevel helical gearboxes; geared motors; cooling tower, extruder, and rolling mill gearboxes; and textile gears and gear assemblies. Geographically the company caters its services to both domestic and overseas market.

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