Vedant Asset (BOM:543623) Tax Rate % : 25.98% (As of Mar. 2024)

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What is Vedant Asset Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vedant Asset's Tax Expense for the six months ended in Mar. 2024 was ₹0.54 Mil. Vedant Asset's Pre-Tax Income for the six months ended in Mar. 2024 was ₹2.07 Mil. Therefore, Vedant Asset's Tax Rate % for the quarter that ended in Mar. 2024 was 25.98%.

Vedant Asset Tax Rate % Historical Data

The historical data trend for Vedant Asset'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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Vedant Asset Tax Rate % Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

26.09

24.39

31.11

27.90

26.00

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Tax Rate %	Get a 7-Day Free Trial			-	28.65	26.78	26.03	25.98

Vedant Asset Tax Rate % Calculation

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

Vedant Asset'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 )
	=	0.968	/	3.723
	=	26.00 %

Vedant Asset'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 )
	=	0.537	/	2.067
	=	25.98 %

Vedant Asset Tax Rate % Related Terms

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Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

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