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Shree Marutinandan Tubes (BOM:544083) Tax Rate % : 21.77% (As of Sep. 2024)


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What is Shree Marutinandan Tubes Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shree Marutinandan Tubes's Tax Expense for the six months ended in Sep. 2024 was ₹2 Mil. Shree Marutinandan Tubes's Pre-Tax Income for the six months ended in Sep. 2024 was ₹9 Mil. Therefore, Shree Marutinandan Tubes's Tax Rate % for the quarter that ended in Sep. 2024 was 21.77%.

Shree Marutinandan Tubes Tax Rate % Historical Data

The historical data trend for Shree Marutinandan Tubes'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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Shree Marutinandan Tubes Tax Rate % Chart

Shree Marutinandan Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Tax Rate %
41.21 54.02 31.49 26.07

Shree Marutinandan Tubes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Tax Rate % Get a 7-Day Free Trial - - 24.84 27.52 21.77

Shree Marutinandan Tubes Tax Rate % Calculation

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

Shree Marutinandan Tubes'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 )
=9.277/35.584
=26.07 %

Shree Marutinandan Tubes'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 )
=1.977/9.08
=21.77 %

* 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.

Shree Marutinandan Tubes Tax Rate % Related Terms

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Shree Marutinandan Tubes Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Shree Marutinandan Tubes Ltd (BOM:544083) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
S.P Ring Road, A-21, Second Floor, Amrapali Complex, Bopal, Ahmedabad, GJ, IND, 380058
Website
https://www.shreemarutitubes.com
Shree Marutinandan Tubes Ltd is engaged in trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. It products are widely used in various industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.

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