Welspun Specialty Solutions (BOM:500365) Tax Rate % : -549.84% (As of Mar. 2024)

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What is Welspun Specialty Solutions Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Welspun Specialty Solutions's Tax Expense for the three months ended in Mar. 2024 was ₹-339 Mil. Welspun Specialty Solutions's Pre-Tax Income for the three months ended in Mar. 2024 was ₹62 Mil. Therefore, Welspun Specialty Solutions's Tax Rate % for the quarter that ended in Mar. 2024 was -549.84%.

Welspun Specialty Solutions Tax Rate % Historical Data

The historical data trend for Welspun Specialty Solutions'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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Welspun Specialty Solutions Tax Rate % Chart

Welspun Specialty Solutions Annual Data

Trend

Mar15

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Mar17

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Mar19

Mar20

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Mar24

Tax Rate %

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0.10

-118.43

Welspun Specialty Solutions 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															-	-	-	-	-549.84

Welspun Specialty Solutions Tax Rate % Calculation

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

Welspun Specialty Solutions'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 )
	=	-338.7	/	286
	=	-118.43 %

Welspun Specialty Solutions'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 )
	=	-338.7	/	61.6
	=	-549.84 %

Welspun Specialty Solutions Tax Rate % Related Terms

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Welspun Specialty Solutions (BOM:500365) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Welspun Specialty Solutions Ltd (BOM:500365) » Definitions » Tax Rate %

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Address

Senapati Bapat Marg, Kamala Mills Compound, 5th Floor, Welspun House, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.welspunspecialty.com

Welspun Specialty Solutions Ltd is engaged in the manufacturing of alloy and stainless steel products. The firm serves various industries such as automotive energy, defense, nuclear power, and aerospace. The company's business is predominantly confined to India.

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