Bajaj Steel Industries (BOM:507944) Tax Rate % : 24.47% (As of Dec. 2023)

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What is Bajaj Steel Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bajaj Steel Industries's Tax Expense for the three months ended in Dec. 2023 was ₹33 Mil. Bajaj Steel Industries's Pre-Tax Income for the three months ended in Dec. 2023 was ₹133 Mil. Therefore, Bajaj Steel Industries's Tax Rate % for the quarter that ended in Dec. 2023 was 24.47%.

Bajaj Steel Industries Tax Rate % Historical Data

The historical data trend for Bajaj Steel 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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Bajaj Steel Industries Tax Rate % Chart

Bajaj Steel Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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39.63

25.33

24.59

25.08

28.18

Bajaj Steel Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															20.92	39.71	25.30	25.48	24.47

Bajaj Steel Industries Tax Rate % Calculation

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

Bajaj Steel Industries's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	264.915	/	939.964
	=	28.18 %

Bajaj Steel Industries's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	32.541	/	133.01
	=	24.47 %

Bajaj Steel Industries Tax Rate % Related Terms

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Bajaj Steel Industries (BOM:507944) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bajaj Steel Industries Ltd (BOM:507944) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028

Website

https://www.bajajngp.com

Bajaj Steel Industries Ltd is engaged in the manufacturing of Cotton ginning and Pressing Machineries, Prefabricated building structure, components, and allied products. Its operating segment includes the Steel Division and Plastic Division. The company generates maximum revenue from the Steel Division segment. It manufactures product such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.

Bajaj Steel Industries (BOM:507944) Headlines

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