CreditAccess Grameen (BOM:541770) Tax Rate % : 22.81% (As of Dec. 2024)

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What is CreditAccess Grameen Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CreditAccess Grameen's Tax Expense for the three months ended in Dec. 2024 was ₹-294 Mil. CreditAccess Grameen's Pre-Tax Income for the three months ended in Dec. 2024 was ₹-1,289 Mil. Therefore, CreditAccess Grameen's Tax Rate % for the quarter that ended in Dec. 2024 was 22.81%.

CreditAccess Grameen Tax Rate % Historical Data

The historical data trend for CreditAccess Grameen'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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CreditAccess Grameen Tax Rate % Chart

CreditAccess Grameen Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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27.32

27.16

26.56

25.27

25.44

CreditAccess Grameen Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															25.70	25.00	25.63	26.16	22.81

CreditAccess Grameen Tax Rate % Calculation

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

CreditAccess Grameen'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 )
	=	4932.5	/	19391.8
	=	25.44 %

CreditAccess Grameen's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-294.1	/	-1289.3
	=	22.81 %

CreditAccess Grameen Tax Rate % Related Terms

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CreditAccess Grameen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CreditAccess Grameen Ltd (BOM:541770) » Definitions » Tax Rate %

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CREDITACC:India

Address

No. 49, 46th Cross, 8th Block, Jayanagar, Next to Rajalakshmi Kalayana Mantap, Bengaluru, KA, IND, 560070

Website

https://www.creditaccessgrameen.in

CreditAccess Grameen Ltd provides financial and non-financial products and services. The company is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. The only operating segment of the company is lending to members. Geographically, it operates only in India. The company's financial product includes Income generation loans, Home improvement loans, Emergency loans, Family welfare loans, Gruha Vikas loans, Grameen Swarna loans, Grameen Vikas loans, Life insurance, and others.

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