GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (BOM:532987) » Definitions » Tax Rate %

Rane Brake Linings (BOM:532987) Tax Rate % : 26.22% (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Rane Brake Linings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rane Brake Linings's Tax Expense for the three months ended in Sep. 2024 was ₹39 Mil. Rane Brake Linings's Pre-Tax Income for the three months ended in Sep. 2024 was ₹150 Mil. Therefore, Rane Brake Linings's Tax Rate % for the quarter that ended in Sep. 2024 was 26.22%.

Rane Brake Linings Tax Rate % Historical Data

The historical data trend for Rane Brake Linings'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.

Rane Brake Linings Tax Rate % Chart

Rane Brake Linings 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 23.14 32.25 21.92 24.94 26.00

Rane Brake Linings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.01 25.20 26.99 26.17 26.22

Rane Brake Linings Tax Rate % Calculation

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

Rane Brake Linings'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 )
=141.5/544.3
=26.00 %

Rane Brake Linings's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=39.3/149.9
=26.22 %

* 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.

Rane Brake Linings Tax Rate % Related Terms

Thank you for viewing the detailed overview of Rane Brake Linings's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Rane Brake Linings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (BOM:532987) » Definitions » Tax Rate %
Comparable Companies
BOM:520119 BOM:538992 NSE:HINDCOMPOS BOM:520043 BOM:505163 BOM:543214 BOM:520059 BOM:509152 BOM:522073 NSE:PAVNAIND TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
RBL:India
Address
Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086
Website
https://www.ranegroup.com
Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

Rane Brake Linings Headlines

No Headlines