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Automotive Axles (BOM:505010) Tax Rate % : 25.42% (As of Mar. 2024)


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What is Automotive Axles Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Automotive Axles's Tax Expense for the three months ended in Mar. 2024 was ₹150 Mil. Automotive Axles's Pre-Tax Income for the three months ended in Mar. 2024 was ₹591 Mil. Therefore, Automotive Axles's Tax Rate % for the quarter that ended in Mar. 2024 was 25.42%.

Automotive Axles Tax Rate % Historical Data

The historical data trend for Automotive Axles'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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Automotive Axles Tax Rate % Chart

Automotive Axles Annual Data
Trend Sep14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.39 24.65 25.68 25.71 25.48

Automotive Axles 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 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 25.31 25.66 25.29 25.58 25.42

Automotive Axles Tax Rate % Calculation

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

Automotive Axles'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 )
=568.1/2229.65
=25.48 %

Automotive Axles'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 )
=150.3/591.27
=25.42 %

* 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.

Automotive Axles Tax Rate % Related Terms

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Automotive Axles (BOM:505010) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Automotive Axles Ltd (BOM:505010) » Definitions » Tax Rate %
Comparable Companies
BOM:543812 BOM:520057 BOM:500039 BOM:500250 BOM:509243 BOM:500168 BOM:505242 BOM:535602 BOM:530367 BOM:513262 TSE:6902 MBLY TSE:5108 APTV XPAR:ML XKRX:012330 ISX:ASII TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
AUTOAXLES:India
Address
Off Hunsur Road, Hootagalli Indsutrial Area, Mysore, KA, IND, 570 018
Website
https://www.autoaxle.com
Automotive Axles Ltd is an India-based company engaged in the manufacturing and sale of automotive components. The company manufactures rear drive axle assemblies in India. It manufactures Drive axles, Non-drive axles, Front steer axles, Specialty and defense axles, and Drum and disc brakes. These products are provided to the domestic and global manufacturers of trucks and buses pertaining to segments such as light, medium, and heavy commercial vehicles, military and off-highway vehicles, aftermarket, and exports. The company operates in India.

Automotive Axles (BOM:505010) Headlines

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