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L&T Finance Holdings (BOM:715001.PFD) Tax Rate % : 25.85% (As of Sep. 2024)


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What is L&T Finance Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. L&T Finance Holdings's Tax Expense for the three months ended in Sep. 2024 was ₹2,428.90 Mil. L&T Finance Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was ₹9,395.70 Mil. Therefore, L&T Finance Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was 25.85%.

L&T Finance Holdings Tax Rate % Historical Data

The historical data trend for L&T Finance Holdings'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.

* Premium members only.

L&T Finance Holdings Tax Rate % Chart

L&T Finance Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.56 41.47 30.55 -30.97 23.50

L&T Finance Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.48 22.41 20.32 25.70 25.85

L&T Finance Holdings Tax Rate % Calculation

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

L&T Finance Holdings'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 )
=7119/30290.3
=23.50 %

L&T Finance Holdings'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 )
=2428.9/9395.7
=25.85 %

* 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.

L&T Finance Holdings Tax Rate % Related Terms

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L&T Finance Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » L&T Finance Holdings Ltd (BOM:715001.PFD) » Definitions » Tax Rate %
Comparable Companies
NSE:SUNDARMFIN NSE:M&MFIN BOM:524000 BOM:541770 BOM:532636 BOM:504973 BOM:543663 BOM:531595 NSE:HUDCO BOM:533398 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
LTF:India 533519:India
Address
C.S.T. Road, Plot No. 177, Brindavan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Website
https://www.ltfs.com
L&T Finance Ltd is a registered non-banking financial institution operating in India. It has a lending business catering to the diverse financing needs of served and underserved customers. L&T Finance offers Personal loans, Two-Wheeler loans, Home loans, Rural Business loans, Farm loans, and SME loans.

L&T Finance Holdings Headlines

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