Ace Men Engg Works (BOM:539661) Tax Rate % : 18.59% (As of Dec. 2023)

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What is Ace Men Engg Works Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ace Men Engg Works's Tax Expense for the three months ended in Dec. 2023 was ₹0.13 Mil. Ace Men Engg Works's Pre-Tax Income for the three months ended in Dec. 2023 was ₹0.72 Mil. Therefore, Ace Men Engg Works's Tax Rate % for the quarter that ended in Dec. 2023 was 18.59%.

Ace Men Engg Works Tax Rate % Historical Data

The historical data trend for Ace Men Engg Works'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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Ace Men Engg Works Tax Rate % Chart

Ace Men Engg Works Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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79.55

26.01

19.37

25.14

Ace Men Engg Works 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															24.99	24.99	-	19.59	18.59

Ace Men Engg Works Tax Rate % Calculation

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

Ace Men Engg Works'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 )
	=	0.09	/	0.358
	=	25.14 %

Ace Men Engg Works'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 )
	=	0.134	/	0.721
	=	18.59 %

Ace Men Engg Works Tax Rate % Related Terms

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Ace Men Engg Works (BOM:539661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ace Men Engg Works Ltd (BOM:539661) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gulab Tower, Office Number 16, Thaltej, Ahmedabad, GJ, IND, 380054

Website

https://www.acumenengg.co.in

Ace Men Engg Works Ltd is an investing company. The company trades and deals in shares, debentures, bonds and others. It also trades in sarees and electrical goods. It generates a majority of its revenue from clothing items.

Ace Men Engg Works (BOM:539661) Headlines

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