MM Forgings (BOM:522241) Tax Rate % : 31.16% (As of Dec. 2024)

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What is MM Forgings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MM Forgings's Tax Expense for the three months ended in Dec. 2024 was ₹120 Mil. MM Forgings's Pre-Tax Income for the three months ended in Dec. 2024 was ₹385 Mil. Therefore, MM Forgings's Tax Rate % for the quarter that ended in Dec. 2024 was 31.16%.

MM Forgings Tax Rate % Historical Data

The historical data trend for MM Forgings'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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MM Forgings Tax Rate % Chart

MM Forgings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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21.06

10.80

29.38

27.70

28.74

MM Forgings 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															31.46	26.50	28.51	28.95	31.16

MM Forgings Tax Rate % Calculation

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

MM Forgings'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 )
	=	544.522	/	1894.918
	=	28.74 %

MM Forgings'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 )
	=	120	/	385.127
	=	31.16 %

MM Forgings Tax Rate % Related Terms

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MM Forgings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MM Forgings Ltd (BOM:522241) » Definitions » Tax Rate %

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MMFL:India

Address

SVK Towers, A25, 8th Floor, Industrial Estate, Guindy, Chennai, TN, IND, 600 032

Website

https://www.mmforgings.com

MM Forgings Ltd engages in the manufacturing and trading of steel forgings. It offers a range of steel forgings such as raw, semi-machined, and fully machined stages in various grades of carbon, alloy, micro-alloy, and stainless steel. It has one segment the Manufacture of Steel Forgings.

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