IndusInd Bank (NSE:INDUSINDBK) Tax Rate %

: 25.08% (As of Mar. 2023)

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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. 2023 was ₹6,841 Mil. IndusInd Bank's Pre-Tax Income for the three months ended in Mar. 2023 was ₹27,275 Mil. Therefore, IndusInd Bank's Tax Rate % for the quarter that ended in Mar. 2023 was 25.08%.

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 Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

33.72

27.83

25.44

25.31

25.06

IndusInd Bank Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Tax Rate %																26.98	25.17	24.89	25.10	25.08

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. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	24890.6	/	99321.9
	=	25.06 %

IndusInd Bank's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2023 )	/	Pre-Tax Income (Q: Mar. 2023 )
	=	6840.9	/	27274.5
	=	25.08 %

IndusInd Bank Tax Rate % Related Terms

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IndusInd Bank (NSE:INDUSINDBK) Business Description

Industry

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

Traded in Other Exchanges

532187:India

Address

841, Senapati Bapat Marg, 8th Floor, Tower 1, One World Centre, Elphinstone Road (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'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 (NSE:INDUSINDBK) Headlines

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