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MSP Steel & Power (BOM:532650) Tax Rate % : -227.30% (As of Mar. 2024)


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What is MSP Steel & Power Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MSP Steel & Power's Tax Expense for the three months ended in Mar. 2024 was ₹-90 Mil. MSP Steel & Power's Pre-Tax Income for the three months ended in Mar. 2024 was ₹40 Mil. Therefore, MSP Steel & Power's Tax Rate % for the quarter that ended in Mar. 2024 was -227.30%.


MSP Steel & Power Tax Rate % Historical Data

The historical data trend for MSP Steel & Power'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.

* Premium members only.

MSP Steel & Power Tax Rate % Chart

MSP Steel & Power 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 -11.20 42.40 14.10 11.51 30.67

MSP Steel & Power 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 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 20.46 160.72 144.03 52.26 -227.30

MSP Steel & Power Tax Rate % Calculation

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

MSP Steel & Power'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 )
=63.471/206.935
=30.67 %

MSP Steel & Power'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 )
=-90.458/39.796
=-227.30 %

* 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.


MSP Steel & Power Tax Rate % Related Terms

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MSP Steel & Power (BOM:532650) Business Description

Traded in Other Exchanges
Address
New Alipore, 16/S, Block A, Kolkata, WB, IND, 700 053
MSP Steel & Power Ltd is engaged in the manufacturing of iron and steel products. It is also engaged in the generation and sale of power. Geographically, it derives a majority of its revenue from India. The company's product offerings include TMT Bar, structural steel, and pipes.

MSP Steel & Power (BOM:532650) Headlines

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