Grovy India (BOM:539522) Tax Rate % : 14.48% (As of Dec. 2023)

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What is Grovy India Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grovy India's Tax Expense for the three months ended in Dec. 2023 was ₹0.3 Mil. Grovy India's Pre-Tax Income for the three months ended in Dec. 2023 was ₹1.9 Mil. Therefore, Grovy India's Tax Rate % for the quarter that ended in Dec. 2023 was 14.48%.

Grovy India Tax Rate % Historical Data

The historical data trend for Grovy India'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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Grovy India Tax Rate % Chart

Grovy India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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26.65

1.23

4.06

25.80

Grovy India 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															26.59	9.78	25.63	26.05	14.48

Grovy India Tax Rate % Calculation

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

Grovy India'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 )
	=	3.147	/	12.199
	=	25.80 %

Grovy India'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 )
	=	0.28	/	1.934
	=	14.48 %

Grovy India Tax Rate % Related Terms

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Grovy India (BOM:539522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Grovy India Ltd (BOM:539522) » Definitions » Tax Rate %

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Address

Lajpat Nagar Part II, 122, 1st Floor, Vinobapuri, New Delhi, IND, 110024

Website

https://www.grovyindia.com

Grovy India Ltd is engaged in the real estate and financial market business in India. It operates through the segments which include Construction Business (Property); Shares Trading (Equity Market) Business Auxilliary segment and Others. Share trading, which is the key revenue driver, includes trading of shares, commodities, currencies, mutual funds, and other financial instruments. The construction business is engaged in developing commercial, retail, and residential buildings. Its projects include Serviced Apartments-Rishikesh, Grovy Optiva-Noida, and Y-44 Hauz Khas, among others.

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