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Forbes (BOM:502865) Tax Rate % : 17.63% (As of Sep. 2024)


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What is Forbes Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Forbes's Tax Expense for the three months ended in Sep. 2024 was ₹11 Mil. Forbes's Pre-Tax Income for the three months ended in Sep. 2024 was ₹62 Mil. Therefore, Forbes's Tax Rate % for the quarter that ended in Sep. 2024 was 17.63%.


Forbes Tax Rate % Historical Data

The historical data trend for Forbes'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.

Forbes Tax Rate % Chart

Forbes Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 -201.22 3.08 3.46 11.46

Forbes 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 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 -55.95 -173.49 18.64 17.63 27.15

Forbes Tax Rate % Calculation

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

Forbes'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 )
=24.493/213.797
=11.46 %

Forbes's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=11/62.4
=17.63 %

* 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.


Forbes Tax Rate % Related Terms

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Forbes Business Description

Traded in Other Exchanges
N/A
Address
Forbes Building, Charanjit Rai Marg, Fort, Mumbai, MH, IND, 400001
Forbes & Co Ltd is mainly active in producing engineering tools. It is engaged in manufacturing of light engineering goods such as threading tools, high-speed steel taps, dies and die nut. In addition, it also produces clean water, air and hygiene products, transaction solutions systems, providing floating production storage offloading vessels & operating chemical tankers. The company has Business segments are coding and Industrial Automation, Real Estate, IT Enabled Services and Products and others. The majority of revenue is generated from Real Estate.

Forbes Headlines

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