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Cholamandalam Investment and Finance Co (BOM:511243) Tax Rate % : 25.72% (As of Jun. 2024)


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What is Cholamandalam Investment and Finance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cholamandalam Investment and Finance Co's Tax Expense for the three months ended in Jun. 2024 was ₹3,279 Mil. Cholamandalam Investment and Finance Co's Pre-Tax Income for the three months ended in Jun. 2024 was ₹12,751 Mil. Therefore, Cholamandalam Investment and Finance Co's Tax Rate % for the quarter that ended in Jun. 2024 was 25.72%.

Cholamandalam Investment and Finance Co Tax Rate % Historical Data

The historical data trend for Cholamandalam Investment and Finance Co'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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Cholamandalam Investment and Finance Co Tax Rate % Chart

Cholamandalam Investment and Finance Co 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 33.63 25.71 25.75 25.95 25.94

Cholamandalam Investment and Finance Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 25.46 27.20 24.59 26.41 25.72

Cholamandalam Investment and Finance Co Tax Rate % Calculation

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

Cholamandalam Investment and Finance Co'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 )
=11945.7/46053.1
=25.94 %

Cholamandalam Investment and Finance Co's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=3279.1/12750.6
=25.72 %

* 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.

Cholamandalam Investment and Finance Co Tax Rate % Related Terms

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Cholamandalam Investment and Finance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Cholamandalam Investment and Finance Co Ltd (BOM:511243) » Definitions » Tax Rate %
Comparable Companies
BOM:543257 BOM:532810 BOM:543066 NSE:SHRIRAMFIN BOM:532955 BOM:533398 NSE:SUNDARMFIN NSE:M&MFIN BOM:533519 BOM:524000 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN SYF
Traded in Other Exchanges
CHOLAFIN:India
Address
No.2, N.S.C. Bose Road, Parrys, Dare House, 1st Floor, Chennai, TN, IND, 600001
Website
https://www.cholamandalam.com
Cholamandalam Investment and Finance Co Ltd serve as the financial services arm of the Murugappa Group. Its subsidiaries include Cholamandalam Securities Limited (CSEC) and Cholamandalam Home Finance Limited (CHFL). The company's operating segments include Vehicle finance loans, which provide loans for the purchase of vehicles, tractors, and construction equipment. Home Loans include loans given for the acquisition of residential property. Loan against property which includes Loans to the customer against immovable property and Other loans, including loans against shares and SME loans. The company also offers investment advisory and stockbroking services. It operates solely in India.

Cholamandalam Investment and Finance Co Headlines

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