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MakeMyTrip (MakeMyTrip) Tax Rate % : -0.20% (As of Dec. 2023)


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What is MakeMyTrip Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MakeMyTrip's Tax Expense for the three months ended in Dec. 2023 was $-0.0 Mil. MakeMyTrip's Pre-Tax Income for the three months ended in Dec. 2023 was $24.2 Mil. Therefore, MakeMyTrip's Tax Rate % for the quarter that ended in Dec. 2023 was -0.20%.

MakeMyTrip Tax Rate % Historical Data

The historical data trend for MakeMyTrip'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.

* Premium members only.

MakeMyTrip Tax Rate % Chart

MakeMyTrip Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.01 7.44 2.37 8.04

MakeMyTrip 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 184.06 -1.62 -0.06 8.42 -0.20

MakeMyTrip Tax Rate % Calculation

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

MakeMyTrip'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 )
=-0.976/-12.144
=8.04 %

MakeMyTrip'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 )
=-0.048/24.169
=-0.20 %

* 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.

MakeMyTrip Tax Rate % Related Terms

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MakeMyTrip (MakeMyTrip) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MakeMyTrip Ltd (NAS:MMYT) » Definitions » Tax Rate %
Comparable Companies
TNL NCLH TRIP SABR DESP MOND LIND TOUR YTRA ISPO BKNG ABNB XMAD:AMS TCOM RCL CCL EXPE HKSE:00780 XPAR:MMB LSE:JET2
Traded in Other Exchanges
MY1:Germany MY1:Germany
Address
DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Tower B, Sector 25, Gurugram, HR, IND, 122002
Website
https://www.makemytrip.com
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.