HDFC Bank (LTS:0A7I) Tax Rate % : 4.75% (As of Mar. 2024)

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What is HDFC Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. HDFC Bank's Tax Expense for the six months ended in Mar. 2024 was $226 Mil. HDFC Bank's Pre-Tax Income for the six months ended in Mar. 2024 was $4,763 Mil. Therefore, HDFC Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 4.75%.

HDFC Bank Tax Rate % Historical Data

The historical data trend for HDFC Bank'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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HDFC Bank Tax Rate % Chart

HDFC Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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28.83

25.88

25.53

25.08

11.03

HDFC Bank Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.28	25.53	24.71	19.04	4.75

HDFC Bank Tax Rate % Calculation

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

HDFC Bank'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 )
	=	937.434	/	8497.315
	=	11.03 %

HDFC Bank'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 )
	=	226.232	/	4762.785
	=	4.75 %

HDFC Bank Tax Rate % Related Terms

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HDFC Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (LTS:0A7I) » Definitions » Tax Rate %

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Traded in Other Exchanges

HDB:USA HDFCBANK:India 500180:India HDFA:Germany H1DB34:Brazil HDB:Argentina

Address

Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.hdfcbank.com

HDFC Bank Ltd is an Indian bank. It operates in the following segments; Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.

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