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

IDBI Bank (BOM:500116) Tax Rate % : 27.20% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

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. 2023 was ₹5,534 Mil. IDBI Bank's Pre-Tax Income for the three months ended in Dec. 2023 was ₹20,342 Mil. Therefore, IDBI Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 27.20%.

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.

* Premium members only.

IDBI Bank Tax Rate % Chart

IDBI Bank 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 - - - 47.77 43.90

IDBI Bank 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 26.93 -324.50 33.04 41.87 27.20

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. 2023 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=16184.6/36868.425
=43.90 %

IDBI Bank'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 )
=5533.5/20341.6
=27.20 %

* 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.

IDBI Bank Tax Rate % Related Terms

Thank you for viewing the detailed overview of IDBI Bank's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

IDBI Bank (BOM:500116) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IDBI Bank Ltd (BOM:500116) » Definitions » Tax Rate %
Comparable Companies
BOM:532483 BOM:532477 NSE:IDFCFIRSTB BOM:532388 BOM:532461 BOM:532814 BOM:540611 BOM:532648 BOM:532505 BOM:532149 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
IDBI:India
Address
IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai, MH, IND, 400005
Website
https://www.idbibank.in
IDBI Bank Ltd is an India-based company that is principally engaged in banking. 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.

IDBI Bank (BOM:500116) Headlines

No Headlines