IDBI Bank (BOM:500116) Tax Rate % : 27.57% (As of Dec. 2024)

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What is IDBI Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IDBI Bank's Tax Expense for the three months ended in Dec. 2024 was ₹7,344 Mil. IDBI Bank's Pre-Tax Income for the three months ended in Dec. 2024 was ₹26,635 Mil. Therefore, IDBI Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 27.57%.

IDBI Bank Tax Rate % Historical Data

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

IDBI Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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47.77

43.90

45.18

IDBI Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															27.20	-85.67	31.68	25.15	27.57

IDBI Bank Tax Rate % Calculation

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

IDBI 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 )
	=	26040.5	/	57634.104
	=	45.18 %

IDBI Bank's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	7344.4	/	26635.3
	=	27.57 %

IDBI Bank Tax Rate % Related Terms

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IDBI Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IDBI Bank Ltd (BOM:500116) » Definitions » Tax Rate %

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IDBI:India

Address

Cuffe Parade, IDBI Tower, WTC Complex, Colaba, Mumbai, MH, IND, 400005

Website

https://www.idbibank.in

IDBI Bank Ltd is an India-based company that is principally engaged in providing banking services. The company's business segments include wholesale banking, retail banking, and treasury services, with wholesale banking and retail banking jointly contributing the majority of total revenue. In addition to its banking business, the company is also involved in capital markets, investment banking, and mutual fund businesses. The company operates through a branch network across India. Its operations are concentrated in India, with a presence in overseas markets as well.

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