IndusInd Bank (LUX:IDUSB) Tax Rate % : 24.98% (As of Mar. 2024)

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What is IndusInd Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IndusInd Bank's Tax Expense for the three months ended in Mar. 2024 was $94 Mil. IndusInd Bank's Pre-Tax Income for the three months ended in Mar. 2024 was $377 Mil. Therefore, IndusInd Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 24.98%.

IndusInd Bank Tax Rate % Historical Data

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

IndusInd Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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27.83

25.44

25.31

25.06

IndusInd Bank 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															25.08	25.19	24.97	25.11	24.98

IndusInd Bank Tax Rate % Calculation

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

IndusInd Bank'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 )
	=	361.619	/	1442.905
	=	25.06 %

IndusInd Bank'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 )
	=	94.22	/	377.169
	=	24.98 %

IndusInd Bank Tax Rate % Related Terms

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IndusInd Bank (LUX:IDUSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IndusInd Bank Ltd (LUX:IDUSB) » Definitions » Tax Rate %

Traded in Other Exchanges

INDUSINDBK:India 532187:India

Address

841, Senapati Bapat Marg, 8th Floor, Tower 1, One World Centre, Prabhadevi (West), Mumbai, MH, IND, 400013

Website

https://www.indusind.com

IndusInd Bank Ltd is a full-service banking group operating in India. Its services include consumer banking, credit cards, consumer finance, corporate banking, commercial banking, global markets, transaction banking, priority sector lending, risk management, and financial restructuring and reconstruction. The Bank operates in four business segments, viz. Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Operations. The Bank generates majority of the revenue from Retail Banking segment. The bank's strategic focus has been to maintain its high-street brand, and it has adopted various initiatives to increase the brand's visibility through digital marketing and increased financial technology. Most of its loan book is in term loans entirely exposed to India.

IndusInd Bank (LUX:IDUSB) Headlines

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