Max Financial Services (BOM:500271) Tax Rate % : 15.68% (As of Mar. 2024)

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What is Max Financial Services Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Max Financial Services's Tax Expense for the three months ended in Mar. 2024 was ₹-93 Mil. Max Financial Services's Pre-Tax Income for the three months ended in Mar. 2024 was ₹-594 Mil. Therefore, Max Financial Services's Tax Rate % for the quarter that ended in Mar. 2024 was 15.68%.

Max Financial Services Tax Rate % Historical Data

The historical data trend for Max Financial Services'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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Max Financial Services Tax Rate % Chart

Max Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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38.34

5.59

18.08

14.28

5.36

Max Financial Services 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															10.25	14.30	-7.63	13.52	15.68

Max Financial Services Tax Rate % Calculation

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

Max Financial Services'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 )
	=	222.4	/	4148.2
	=	5.36 %

Max Financial Services'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 )
	=	-93.1	/	-593.9
	=	15.68 %

Max Financial Services Tax Rate % Related Terms

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Max Financial Services (BOM:500271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Max Financial Services Ltd (BOM:500271) » Definitions » Tax Rate %

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MFSL:India

Address

L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301

Website

https://www.maxfinancialservices.com

Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

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