Mercantile Ventures (BOM:538942) Tax Rate % : 33.69% (As of Dec. 2024)

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What is Mercantile Ventures Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mercantile Ventures's Tax Expense for the three months ended in Dec. 2024 was ₹8.1 Mil. Mercantile Ventures's Pre-Tax Income for the three months ended in Dec. 2024 was ₹24.2 Mil. Therefore, Mercantile Ventures's Tax Rate % for the quarter that ended in Dec. 2024 was 33.69%.

Mercantile Ventures Tax Rate % Historical Data

The historical data trend for Mercantile Ventures'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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Mercantile Ventures Tax Rate % Chart

Mercantile Ventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-35.37

31.76

30.19

23.62

-22.51

Mercantile Ventures 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															-3.53	352.29	12.35	25.91	33.69

Mercantile Ventures Tax Rate % Calculation

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

Mercantile Ventures'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 )
	=	14.265	/	-63.373
	=	-22.51 %

Mercantile Ventures'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 )
	=	8.138	/	24.155
	=	33.69 %

Mercantile Ventures Tax Rate % Related Terms

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Mercantile Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mercantile Ventures Ltd (BOM:538942) » Definitions » Tax Rate %

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Address

No. 88, Mount Road, Guindy, Chennai, TN, IND, 600 032

Website

https://www.mercantileventures.co.in

Mercantile Ventures Ltd operates as a property management company in India. The company is engaged in the business of leasing immovable properties and Manpower supply services. It is operating in the segments of Rent and Maintenance of immovable properties, Manpower Services, and Investment activities. The company generates the majority of its revenue from Manpower Services.

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