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Bank of India (BOM:532149) Pretax Margin % : 23.22% (As of Mar. 2024)


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What is Bank of India Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bank of India's Pre-Tax Income for the three months ended in Mar. 2024 was ₹17,971 Mil. Bank of India's Revenue for the three months ended in Mar. 2024 was ₹77,377 Mil. Therefore, Bank of India's pretax margin for the quarter that ended in Mar. 2024 was 23.22%.

The historical rank and industry rank for Bank of India's Pretax Margin % or its related term are showing as below:

BOM:532149' s Pretax Margin % Range Over the Past 10 Years
Min: -57.28   Med: -0.89   Max: 34.61
Current: 33.26


BOM:532149's Pretax Margin % is ranked better than
50.72% of 1453 companies
in the Banks industry
Industry Median: 33.01 vs BOM:532149: 33.26

Bank of India Pretax Margin % Historical Data

The historical data trend for Bank of India's Pretax Margin % 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.

Bank of India Pretax Margin % Chart

Bank of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.94 10.60 25.88 23.14 34.61

Bank of India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Pretax Margin % 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 25.20 24.84 39.57 37.73 23.22

Competitive Comparison of Bank of India's Pretax Margin %

For the Banks - Regional subindustry, Bank of India's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of India's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of India's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Bank of India's Pretax Margin % falls into.



Bank of India Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Bank of India's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=101931.325/294491.053
=34.61 %

Bank of India's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=17970.525/77377.153
=23.22 %

* 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.


Bank of India  (BOM:532149) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Bank of India Pretax Margin % Related Terms

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Bank of India (BOM:532149) Business Description

Traded in Other Exchanges
Address
Star House, C-5, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Bank of India Limited is a provider of banking products and services headquartered in Mumbai, India. The bank provides services within India and internationally, and generates the majority of revenue domestically. Structurally, the bank is organised into three segments. Treasury operations deals in government securities, money market and foreign exchange transactions. Wholesale banking operations offers loans, trade finance, project finance, syndication, mutual funds and portfolio management. Retail banking operations include home, education and personal loans, savings and current accounts, overdrafts and deposits.

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