Surat Trade & Mercantile (BOM:530185) Tax Rate % : 31.46% (As of Mar. 2024)

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What is Surat Trade & Mercantile Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Surat Trade & Mercantile's Tax Expense for the three months ended in Mar. 2024 was ₹8.8 Mil. Surat Trade & Mercantile's Pre-Tax Income for the three months ended in Mar. 2024 was ₹27.9 Mil. Therefore, Surat Trade & Mercantile's Tax Rate % for the quarter that ended in Mar. 2024 was 31.46%.

Surat Trade & Mercantile Tax Rate % Historical Data

The historical data trend for Surat Trade & Mercantile'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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Surat Trade & Mercantile Tax Rate % Chart

Surat Trade & Mercantile Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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27.66

49.81

-243.27

18.82

32.65

Surat Trade & Mercantile Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															11.29	29.22	31.72	37.32	31.46

Surat Trade & Mercantile Tax Rate % Calculation

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

Surat Trade & Mercantile'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 )
	=	43.991	/	134.727
	=	32.65 %

Surat Trade & Mercantile's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	8.779	/	27.907
	=	31.46 %

Surat Trade & Mercantile Tax Rate % Related Terms

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Surat Trade & Mercantile (BOM:530185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Surat Trade & Mercantile Ltd (BOM:530185) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Puna-Kumbharia Road, Tulsi Krupa Arcade, 6th Floor, Near Aai Mata Chowk, Dumbhal, Surat, GJ, IND, 395010

Website

http://www.surattextilemillsltd.com

Surat Textile Mills Ltd is engaged in the manufacturing and selling of Polyester filament yarn, polyester chips, and spun yarn. It produces ring-spun yarn for the domestic market in various ranges, such as 100% polyester, 100% viscose, 100% modal, polyester viscose blend, and polyester modal blend. The Company's business segment consists of a single segment of Commodity Trading. The company derives a majority of its revenue from the Commodity trading segment. Geographically, it derives the majority of its revenue from India..

Surat Trade & Mercantile (BOM:530185) Headlines

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