Minaxi Textiles (BOM:531456) Tax Rate % : 21.21% (As of Mar. 2024)

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What is Minaxi Textiles Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Minaxi Textiles's Tax Expense for the three months ended in Mar. 2024 was ₹-4.4 Mil. Minaxi Textiles's Pre-Tax Income for the three months ended in Mar. 2024 was ₹-20.9 Mil. Therefore, Minaxi Textiles's Tax Rate % for the quarter that ended in Mar. 2024 was 21.21%.

Minaxi Textiles Tax Rate % Historical Data

The historical data trend for Minaxi Textiles'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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Minaxi Textiles Tax Rate % Chart

Minaxi Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-592.98

16.79

22.87

25.18

19.00

Minaxi Textiles 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															25.38	24.57	-41.66	25.05	21.21

Minaxi Textiles Tax Rate % Calculation

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

Minaxi Textiles'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 )
	=	-7.298	/	-38.412
	=	19.00 %

Minaxi Textiles'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 )
	=	-4.429	/	-20.881
	=	21.21 %

Minaxi Textiles Tax Rate % Related Terms

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Minaxi Textiles (BOM:531456) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Minaxi Textiles Ltd (BOM:531456) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Plot Number 3311, GIDC, Phase-IV, Chhatral, Taluka-Kalol, Gandhinagar, GJ, IND, 382729

Website

https://www.minaxitextiles.com

Minaxi Textiles Ltd is an integrated textile solutions enterprise. The company is engaged in weaving and manufacturing of cotton and cotton mixture fabrics. In addition, the company supplies uniforms to government and semi-government departments. The company deals in suiting products having a specialty in fancy suiting fabrics. Its products include suiting lycra fabric, cotton quilts, broken twill fabric, and satin fabric.

Minaxi Textiles (BOM:531456) Headlines

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