Hero MotoCorp (Hero MotoCorp) Tax Rate % : 26.98% (As of Mar. 2024)

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What is Hero MotoCorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hero MotoCorp's Tax Expense for the three months ended in Mar. 2024 was $41.99 Mil. Hero MotoCorp's Pre-Tax Income for the three months ended in Mar. 2024 was $155.63 Mil. Therefore, Hero MotoCorp's Tax Rate % for the quarter that ended in Mar. 2024 was 26.98%.

Hero MotoCorp Tax Rate % Historical Data

The historical data trend for Hero MotoCorp'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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Hero MotoCorp Tax Rate % Chart

Hero MotoCorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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20.64

23.73

23.84

27.53

26.48

Hero MotoCorp 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															28.13	28.66	25.96	25.06	26.98

Hero MotoCorp Tax Rate % Calculation

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

Hero MotoCorp'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 )
	=	162.373	/	613.119
	=	26.48 %

Hero MotoCorp'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 )
	=	41.992	/	155.632
	=	26.98 %

Hero MotoCorp Tax Rate % Related Terms

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Hero MotoCorp (Hero MotoCorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hero MotoCorp Ltd (GREY:HRTQY) » Definitions » Tax Rate %

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HEROMOTOCO:India 500182:India

Address

Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070

Website

https://www.heromotocorp.com

Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (Hero MotoCorp) Headlines

From GuruFocus

Q3 2024 Hero MotoCorp Ltd Earnings Call Transcript

By GuruFocus Research • 02-12-2024