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Happy Forgings (BOM:544057) Tax Rate % : 26.59% (As of Sep. 2024)


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What is Happy Forgings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Happy Forgings's Tax Expense for the three months ended in Sep. 2024 was ₹259 Mil. Happy Forgings's Pre-Tax Income for the three months ended in Sep. 2024 was ₹972 Mil. Therefore, Happy Forgings's Tax Rate % for the quarter that ended in Sep. 2024 was 26.59%.


Happy Forgings Tax Rate % Historical Data

The historical data trend for Happy Forgings'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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Happy Forgings Tax Rate % Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Tax Rate %
26.15 25.91 25.47 25.09

Happy Forgings Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 25.11 25.46 24.78 25.66 26.59

Happy Forgings Tax Rate % Calculation

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

Happy Forgings'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 )
=814.046/3243.883
=25.09 %

Happy Forgings's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=258.55/972.245
=26.59 %

* 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.


Happy Forgings Tax Rate % Related Terms

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Happy Forgings Business Description

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Traded in Other Exchanges
Address
H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.

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