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Avanti Feeds (NSE:AVANTIFEED) Tax Rate %

: 28.00% (As of Dec. 2023)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Avanti Feeds's Tax Expense for the three months ended in Dec. 2023 was ₹324 Mil. Avanti Feeds's Pre-Tax Income for the three months ended in Dec. 2023 was ₹1,157 Mil. Therefore, Avanti Feeds's Tax Rate % for the quarter that ended in Dec. 2023 was 28.00%.


Avanti Feeds Tax Rate % Historical Data

The historical data trend for Avanti Feeds'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.

Avanti Feeds Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.37 20.33 22.03 24.29 26.84

Avanti Feeds Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % 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 Premium Member Only Premium Member Only Premium Member Only 26.83 27.61 26.70 26.96 28.00

Avanti Feeds Tax Rate % Calculation

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

Avanti Feeds'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 )
=1145.301/4267.824
=26.84 %

Avanti Feeds'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 )
=323.971/1157.071
=28.00 %

* 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.


Avanti Feeds Tax Rate % Related Terms

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Avanti Feeds (NSE:AVANTIFEED) Business Description

Traded in Other Exchanges
Address
G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad, TG, IND, 500082
Avanti Feeds Ltd is an Indian company which is engaged in the manufacturing of prawn and fish feeds and shrimp processor. The company's operating segments include Shrimp Feed, Shrimp Hatchery and Wind Mills. It generates maximum revenue from the Shrimp Feed segment. Geographically, it derives a majority of its revenue from India and also has a presence in the USA and the Rest of the world. Its product includes prawn feed, scampi feed, and fish feed.

Avanti Feeds (NSE:AVANTIFEED) Headlines

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