HDFC Bank (BUE:HDB) Tax Rate % : 16.59% (As of Dec. 2023)

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What is HDFC Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. HDFC Bank's Tax Expense for the three months ended in Dec. 2023 was ARS152,853 Mil. HDFC Bank's Pre-Tax Income for the three months ended in Dec. 2023 was ARS921,128 Mil. Therefore, HDFC Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 16.59%.

HDFC Bank Tax Rate % Historical Data

The historical data trend for HDFC Bank'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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HDFC Bank Tax Rate % Chart

HDFC Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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35.12

28.83

25.88

25.53

25.08

HDFC Bank Quarterly Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Dec22	Mar23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-	-	24.80	25.14	16.59

HDFC Bank Tax Rate % Calculation

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

HDFC Bank'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 )
	=	398904.692	/	1590605.247
	=	25.08 %

HDFC Bank'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 )
	=	152853.282	/	921128.439
	=	16.59 %

HDFC Bank Tax Rate % Related Terms

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HDFC Bank (BUE:HDB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (BUE:HDB) » Definitions » Tax Rate %

Traded in Other Exchanges

HDB:USA HDB:Mexico HDFCBANK:India 500180:India HDFA:Germany H1DB34:Brazil

Address

Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.hdfcbank.com

HDFC Bank Ltd is a large, publicly traded Indian bank. There are three units: retail banking, wholesale banking, and treasury. Retail banking services are offered through numerous branches and ATMs. Wholesale focuses on Indian corporations, and the treasury unit offers risk-management services, such as foreign exchange trading.