Magna Electro Castings (BOM:517449) Tax Rate % : 25.21% (As of Dec. 2024)

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What is Magna Electro Castings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magna Electro Castings's Tax Expense for the three months ended in Dec. 2024 was ₹16 Mil. Magna Electro Castings's Pre-Tax Income for the three months ended in Dec. 2024 was ₹65 Mil. Therefore, Magna Electro Castings's Tax Rate % for the quarter that ended in Dec. 2024 was 25.21%.

Magna Electro Castings Tax Rate % Historical Data

The historical data trend for Magna Electro 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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Magna Electro Castings Tax Rate % Chart

Magna Electro Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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21.34

26.17

25.32

25.93

25.96

Magna Electro 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															27.05	26.28	25.58	25.59	25.21

Magna Electro Castings Tax Rate % Calculation

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

Magna Electro 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 )
	=	52.969	/	204.061
	=	25.96 %

Magna Electro 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 )
	=	16.39	/	65.026
	=	25.21 %

Magna Electro Castings Tax Rate % Related Terms

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Magna Electro Castings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Magna Electro Castings Ltd (BOM:517449) » Definitions » Tax Rate %

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Address

43, Balasundaram Road, Coimbatore, TN, IND, 641018

Website

https://www.magnacast.com

Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.

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