Garbi Finvest (BOM:539492) Tax Rate % : 120.59% (As of Sep. 2024)

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What is Garbi Finvest Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Garbi Finvest's Tax Expense for the three months ended in Sep. 2024 was ₹12.87 Mil. Garbi Finvest's Pre-Tax Income for the three months ended in Sep. 2024 was ₹10.68 Mil. Therefore, Garbi Finvest's Tax Rate % for the quarter that ended in Sep. 2024 was 120.59%.

Garbi Finvest Tax Rate % Historical Data

The historical data trend for Garbi Finvest'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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Garbi Finvest Tax Rate % Chart

Garbi Finvest Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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31.50

28.67

4.96

26.52

2,218.63

Garbi Finvest 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															10.77	-56.41	-27.94	2.78	120.59

Garbi Finvest Tax Rate % Calculation

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

Garbi Finvest'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 )
	=	9.407	/	0.424
	=	2,218.63 %

Garbi Finvest'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 )
	=	12.873	/	10.675
	=	120.59 %

Garbi Finvest Tax Rate % Related Terms

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Garbi Finvest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Garbi Finvest Ltd (BOM:539492) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Chakala Road, Office Number F114, 1st Floor, Nahar and Seth Industrial Estate, Near P and G Plaza, Andheri (East), Mumbai, MH, IND, 400099

Website

http://www.gptl.in

Garbi Finvest Ltd is an Indian non-banking financial company. The company's main business activities are Investment activities including advancing and financing activities. It generates revenue in the form of interest income.

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