Nitin Castings (BOM:508875) Tax Rate % : 31.33% (As of Dec. 2024)

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What is Nitin Castings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nitin Castings's Tax Expense for the three months ended in Dec. 2024 was ₹8 Mil. Nitin Castings's Pre-Tax Income for the three months ended in Dec. 2024 was ₹26 Mil. Therefore, Nitin Castings's Tax Rate % for the quarter that ended in Dec. 2024 was 31.33%.

Nitin Castings Tax Rate % Historical Data

The historical data trend for Nitin Castings'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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Nitin Castings Tax Rate % Chart

Nitin Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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21.23

16.73

20.90

42.54

21.49

Nitin Castings 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															22.28	19.88	28.24	20.63	31.33

Nitin Castings Tax Rate % Calculation

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

Nitin Castings'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 )
	=	33.201	/	154.486
	=	21.49 %

Nitin Castings's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	8.205	/	26.185
	=	31.33 %

Nitin Castings Tax Rate % Related Terms

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Nitin Castings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitin Castings Ltd (BOM:508875) » Definitions » Tax Rate %

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Address

Almeida Road, 3rd Floor, Prestige Precinct, Panchpakhadi, Thane (West), Mumbai, MH, IND, 400 601

Website

http://www.nitincastings.com

Nitin Castings Ltd is an Indian based company that operates in an alloy steel castings business. It is involved in the manufacturing of manganese steel, low alloy steel, and chromium steels. The product offered by the group includes Balls for ball valves, Seat rings, Cages, Hydrant valves, Strainer, Grate bars, Chain links, Side plates and locking clits. Geographically, it operates through the region of India and also exports. It derives vast revenue from the sale of products within India.

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