GTN Industries (BOM:500170) Tax Rate % : 30.19% (As of Mar. 2024)

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What is GTN Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GTN Industries's Tax Expense for the three months ended in Mar. 2024 was ₹-6 Mil. GTN Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹-21 Mil. Therefore, GTN Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 30.19%.

GTN Industries Tax Rate % Historical Data

The historical data trend for GTN Industries'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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GTN Industries Tax Rate % Chart

GTN Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-10.90

24.72

30.93

28.88

23.43

GTN Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															40.54	21.43	24.10	19.67	30.19

GTN Industries Tax Rate % Calculation

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

GTN Industries'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 )
	=	-19.4	/	-82.8
	=	23.43 %

GTN Industries's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-6.4	/	-21.2
	=	30.19 %

GTN Industries Tax Rate % Related Terms

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GTN Industries (BOM:500170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » GTN Industries Ltd (BOM:500170) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Plot No.29, Nagarjuna Hills, Punjagutta, Hyderabad, TG, IND, 500082

Website

http://www.gtnindustries.com

GTN Industries Ltd is engaged in the business of manufacturing and export of cotton yarn. Principally, it is also involved in the spinning and doubling of yarn. The textile division offers a range of grey yarns, knitted fabrics, knitted socks, and knitted lifestyle garments. The company's production facilities are located in the state of Telangana and Maharashtra, India.

GTN Industries (BOM:500170) Headlines

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