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Ashok Leyland (BOM:500477) Tax Rate % : 38.11% (As of Dec. 2023)


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What is Ashok Leyland Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ashok Leyland's Tax Expense for the three months ended in Dec. 2023 was ₹3,749 Mil. Ashok Leyland's Pre-Tax Income for the three months ended in Dec. 2023 was ₹9,837 Mil. Therefore, Ashok Leyland's Tax Rate % for the quarter that ended in Dec. 2023 was 38.11%.

Ashok Leyland Tax Rate % Historical Data

The historical data trend for Ashok Leyland'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.

* Premium members only.

Ashok Leyland Tax Rate % Chart

Ashok Leyland Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.58 37.79 -3.76 -43.02 39.98

Ashok Leyland 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.87 33.87 13.96 38.61 38.11

Ashok Leyland Tax Rate % Calculation

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

Ashok Leyland'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 )
=9069.3/22685.9
=39.98 %

Ashok Leyland'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 )
=3748.7/9837.2
=38.11 %

* 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.

Ashok Leyland Tax Rate % Related Terms

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Ashok Leyland (BOM:500477) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ashok Leyland Ltd (BOM:500477) » Definitions » Tax Rate %
Comparable Companies
BOM:500495 BOM:532762 BOM:532439 BOM:500219 BOM:531266 BOM:543689 BOM:500191 BOM:505196 BOM:505368 BOM:523708 CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A TSE:6326 SHSE:600031
Traded in Other Exchanges
ASHOKLEY:India
Address
No. 1, Sardar Patel Road, Guindy, Chennai, TN, IND, 600 032
Website
https://www.ashokleyland.com
Ashok Leyland Ltd is an automobile manufacturing company. The company manufactures commercial vehicles, engines, spare parts, and accessories, with the vast majority of revenue derived from commercial vehicle sales. Ashok Leyland organizes its business into two segments: Commercial vehicles and Financial Services. The company derives more than half of its consolidated revenue domestically.

Ashok Leyland (BOM:500477) Headlines

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