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AAVAS Financiers (NSE:AAVAS) Tax Rate % : 19.67% (As of Mar. 2024)


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What is AAVAS Financiers Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AAVAS Financiers's Tax Expense for the three months ended in Mar. 2024 was ₹349 Mil. AAVAS Financiers's Pre-Tax Income for the three months ended in Mar. 2024 was ₹1,774 Mil. Therefore, AAVAS Financiers's Tax Rate % for the quarter that ended in Mar. 2024 was 19.67%.

AAVAS Financiers Tax Rate % Historical Data

The historical data trend for AAVAS Financiers'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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AAVAS Financiers Tax Rate % Chart

AAVAS Financiers 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 17.52 18.05 21.54 21.66 21.54

AAVAS Financiers 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 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 20.07 22.02 22.69 22.09 19.67

AAVAS Financiers Tax Rate % Calculation

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

AAVAS Financiers'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 )
=1346.796/6253.738
=21.54 %

AAVAS Financiers'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 )
=348.787/1773.596
=19.67 %

* 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.

AAVAS Financiers Tax Rate % Related Terms

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AAVAS Financiers (NSE:AAVAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AAVAS Financiers Ltd (NSE:AAVAS) » Definitions » Tax Rate %
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Traded in Other Exchanges
541988:India
Address
Mansarover Industrial Area, 201-202, 2nd Floor, Southend Square, Jaipur, RJ, IND, 302 020
Website
https://www.aavas.in
AAVAS Financiers Ltd is a housing finance company. The company provides housing loans to customers belonging to the low and middle-income and self-employed segments in suburban and rural India. Its only operating segment is Lending to borrowers. The company's product portfolio includes home loans, land purchases and construction, home improvement loans, home equity, micro, small, and medium enterprise loan, and others. It offers customers loans for the purchase or construction of residential properties and the extension and repair of existing housing units.

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