L&T Finance Holdings (BOM:715007.PFD) Tax Rate % : 22.41% (As of Dec. 2023)

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What is L&T Finance Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. L&T Finance Holdings's Tax Expense for the three months ended in Dec. 2023 was ₹1,846.70 Mil. L&T Finance Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was ₹8,240.40 Mil. Therefore, L&T Finance Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 22.41%.

L&T Finance Holdings Tax Rate % Historical Data

The historical data trend for L&T Finance Holdings'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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L&T Finance Holdings Tax Rate % Chart

L&T Finance Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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26.87

36.56

41.47

30.55

-30.97

L&T Finance Holdings 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															16.99	37.06	25.65	25.48	22.41

L&T Finance Holdings Tax Rate % Calculation

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

L&T Finance Holdings'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 )
	=	1723.7	/	-5565.2
	=	-30.97 %

L&T Finance Holdings'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 )
	=	1846.7	/	8240.4
	=	22.41 %

L&T Finance Holdings Tax Rate % Related Terms

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L&T Finance Holdings (BOM:715007.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » L&T Finance Holdings Ltd (BOM:715007.PFD) » Definitions » Tax Rate %

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L&TFH:India 533519:India

Address

Plot No. 177, C.S.T. Road, Brindavan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.ltfs.com

L&T Finance Holdings Ltd is a registered non-banking financial institution operating in India. The company operates through five main segments namely Retail business; Wholesale business; Defocused business and others. It generates maximum revenue from the Retail business segment. Retail Finance comprises of Farmer Finance (Farm Equipment Finance and Agri Allied Finance), Rural Business Finance (Micro Finance Loans and Rural Business loans), Urban Finance (Two wheeler Finance, Consumer Loans, Retail Housing Loans and Loans against Property), SME Loans and Retail Portfolio Acquisitions.

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