ICICI Bank (ICICI Bank) Tax Rate % : 25.24% (As of Dec. 2023)

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What is ICICI Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ICICI Bank's Tax Expense for the three months ended in Dec. 2023 was $467 Mil. ICICI Bank's Pre-Tax Income for the three months ended in Dec. 2023 was $1,850 Mil. Therefore, ICICI Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 25.24%.

ICICI Bank Tax Rate % Historical Data

The historical data trend for ICICI 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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ICICI Bank Tax Rate % Chart

ICICI Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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31.87

33.26

ICICI Bank 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															24.66	180.19	24.38	25.12	25.24

ICICI Bank Tax Rate % Calculation

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

ICICI 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 )
	=	1433.565	/	4310.541
	=	33.26 %

ICICI 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 )
	=	466.845	/	1849.98
	=	25.24 %

ICICI Bank Tax Rate % Related Terms

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ICICI Bank (ICICI Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ICICI Bank Ltd (NYSE:IBN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ICICIBANK:India 532174:India ICBA:Germany ICBA:Germany I1BN34:Brazil IBN:Argentina

Address

ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, MH, IND, 400 051

Website

https://www.icicibank.com

ICICI Bank Ltd provides banking services. The company's operating segments include Retail Banking; Wholesale Banking; Treasury, Life insurance, and Other Banking Businesses. The company generates maximum revenue from the Retail Banking segment which includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs.