Shivansh Finserve (BOM:539593) Tax Rate % : 61.56% (As of Mar. 2024)

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What is Shivansh Finserve Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shivansh Finserve's Tax Expense for the three months ended in Mar. 2024 was ₹0.53 Mil. Shivansh Finserve's Pre-Tax Income for the three months ended in Mar. 2024 was ₹0.86 Mil. Therefore, Shivansh Finserve's Tax Rate % for the quarter that ended in Mar. 2024 was 61.56%.

Shivansh Finserve Tax Rate % Historical Data

The historical data trend for Shivansh Finserve'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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Shivansh Finserve Tax Rate % Chart

Shivansh Finserve Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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49.12

27.91

44.18

6.94

51.58

Shivansh Finserve Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.82	-1.53	-0.91	4.22	61.56

Shivansh Finserve Tax Rate % Calculation

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

Shivansh Finserve'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 )
	=	0.556	/	1.078
	=	51.58 %

Shivansh Finserve's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.53	/	0.861
	=	61.56 %

Shivansh Finserve Tax Rate % Related Terms

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Shivansh Finserve (BOM:539593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shivansh Finserve Ltd (BOM:539593) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Ashram Road, 22, First Floor, Harsidhh Complex, Opposite Kalupur Commercial Bank, Income Tax, Ahmedabad, GJ, IND, 380014

Website

https://www.shivanshfinserve.com

Shivansh Finserve Ltd is an India based company. It is engaged in the wholesale trading of raw milk and dairy product. The company is also engaged in other financial advisers services.

Shivansh Finserve (BOM:539593) Headlines

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