Concord Drugs (BOM:538965) Tax Rate % : 6.11% (As of Dec. 2023)

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What is Concord Drugs Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Concord Drugs's Tax Expense for the three months ended in Dec. 2023 was ₹-0.2 Mil. Concord Drugs's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-2.6 Mil. Therefore, Concord Drugs's Tax Rate % for the quarter that ended in Dec. 2023 was 6.11%.

Concord Drugs Tax Rate % Historical Data

The historical data trend for Concord Drugs'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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Concord Drugs Tax Rate % Chart

Concord Drugs Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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7.44

28.08

23.54

29.08

21.09

Concord Drugs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															26.25	-15.64	22.75	29.60	6.11

Concord Drugs Tax Rate % Calculation

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

Concord Drugs's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	2.634	/	12.489
	=	21.09 %

Concord Drugs's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-0.157	/	-2.569
	=	6.11 %

Concord Drugs Tax Rate % Related Terms

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Concord Drugs (BOM:538965) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Concord Drugs Ltd (BOM:538965) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

3-11-451, L B Nagar, Hayatnagar Mandal, Hyderabad, TG, IND, 500074

Website

https://www.concorddrugs.in

Concord Drugs Ltd is an India based pharmaceutical company. The principal activity of the company is to manufacture licensed drugs based on the formulations approved. Its product portfolio includes Pharmaceutical Ready to fill Pellets, MUPS ((Multiple Unit Pellets System); Tissue Bio Adhesive; Injectables (Small Volume Parenterals); Capsules; Liquid Orals (Syrups & Suspensions); Dry Syrups (Powder) and Hand Sanitizers. Geographically, it operates only in India.

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