Nectar Lifesciences (LUX:NECLF) Tax Rate % : 94.62% (As of Mar. 2024)

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What is Nectar Lifesciences Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nectar Lifesciences's Tax Expense for the three months ended in Mar. 2024 was $1.3 Mil. Nectar Lifesciences's Pre-Tax Income for the three months ended in Mar. 2024 was $1.3 Mil. Therefore, Nectar Lifesciences's Tax Rate % for the quarter that ended in Mar. 2024 was 94.62%.

Nectar Lifesciences Tax Rate % Historical Data

The historical data trend for Nectar Lifesciences'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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Nectar Lifesciences Tax Rate % Chart

Nectar Lifesciences Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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15.16

13.57

26.51

43.00

72.65

Nectar Lifesciences Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-148.31	40.59	37.88	36.27	94.62

Nectar Lifesciences Tax Rate % Calculation

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

Nectar Lifesciences'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 )
	=	1.599	/	2.201
	=	72.65 %

Nectar Lifesciences'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 )
	=	1.267	/	1.339
	=	94.62 %

Nectar Lifesciences Tax Rate % Related Terms

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Nectar Lifesciences (LUX:NECLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Nectar Lifesciences Ltd (LUX:NECLF) » Definitions » Tax Rate %

Traded in Other Exchanges

NECLIFE:India 532649:India

Address

SCO 38-39, Sector 9d, B-1011/1012, 10th Floor NAURANG HOUSE, Chandigarh, IND, 160009

Website

https://www.neclife.com

Nectar Lifesciences Ltd is an India-based pharmaceutical company. It is engaged in manufacturing specialized pharmaceutical intermediates, active pharmaceutical ingredients (APIs) and finished dosage formulations. It operates in the business segment of Pharmaceuticals Products, The company's product includes cefixime trihydrate, cefdinir, cefprozil, cefoxitin sodium, cefpirome sulphate, and others. Geographically, it derives a majority of its revenue from India.

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