GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Inventure Growth & Securities Ltd (BOM:533506) » Definitions » Tax Rate %

Inventure Growth & Securities (BOM:533506) Tax Rate % : 44.58% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Inventure Growth & Securities Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Inventure Growth & Securities's Tax Expense for the three months ended in Dec. 2023 was ₹21 Mil. Inventure Growth & Securities's Pre-Tax Income for the three months ended in Dec. 2023 was ₹48 Mil. Therefore, Inventure Growth & Securities's Tax Rate % for the quarter that ended in Dec. 2023 was 44.58%.


Inventure Growth & Securities Tax Rate % Historical Data

The historical data trend for Inventure Growth & Securities'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.

Inventure Growth & Securities Tax Rate % Chart

Inventure Growth & Securities 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 21.29 189.65 30.84 26.73 26.04

Inventure Growth & Securities 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 29.41 26.97 50.00 18.04 44.58

Inventure Growth & Securities Tax Rate % Calculation

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

Inventure Growth & Securities'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 )
=32.609/125.235
=26.04 %

Inventure Growth & Securities'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 )
=21.4/48
=44.58 %

* 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.


Inventure Growth & Securities Tax Rate % Related Terms

Thank you for viewing the detailed overview of Inventure Growth & Securities's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inventure Growth & Securities (BOM:533506) Business Description

Traded in Other Exchanges
Address
Western Express Highway, 201, 2nd Floor, Viraj Towers, Near Landmark Building, Andheri (East), Mumbai, MH, IND, 400069
Inventure Growth & Securities Ltd is engaged in the business of providing stock broking and depository participant services. The company is operating in segments like cash and derivatives trading, currency futures and is a registered depository participant with Central Depository Service (India) Limited (CDSL}. The Company operates in products and services across various asset classes like mutual funds, real estate, debt, and insurance, etc.

Inventure Growth & Securities (BOM:533506) Headlines

No Headlines