Apcotex Industries (NSE:APCOTEXIND) Tax Rate % : 28.49% (As of Mar. 2024)

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What is Apcotex Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Apcotex Industries's Tax Expense for the three months ended in Mar. 2024 was ₹61 Mil. Apcotex Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹214 Mil. Therefore, Apcotex Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 28.49%.

Apcotex Industries Tax Rate % Historical Data

The historical data trend for Apcotex Industries'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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Apcotex Industries Tax Rate % Chart

Apcotex Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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32.42

22.17

24.21

25.82

27.70

Apcotex Industries 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															24.47	26.37	27.90	27.74	28.49

Apcotex Industries Tax Rate % Calculation

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

Apcotex Industries'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 )
	=	206.392	/	745.179
	=	27.70 %

Apcotex Industries'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 )
	=	61.002	/	214.139
	=	28.49 %

Apcotex Industries Tax Rate % Related Terms

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Apcotex Industries (NSE:APCOTEXIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Apcotex Industries Ltd (NSE:APCOTEXIND) » Definitions » Tax Rate %

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Traded in Other Exchanges

523694:India

Address

Babubhai M. Chinai Marg, N. K. Mehta International House, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020

Website

https://www.apcotex.com

Apcotex Industries Ltd is an India-based company engaged in producing emulsion polymers. It operates in the business segment of Synthetic Lattices and Rubber. The various grades of Synthetic Rubber find application in products such as Automotive Components, Hoses, Gaskets, Rice De-husking Rollers, Printing and Industrial Rollers, Friction Materials, Belting, and Footwear. Latexes are used for Paper/Paper Board Coating, Carpet Backing, Tyre Cord Dipping, Construction, and others. Its market coverage includes sales in India and Overseas Countries. The company derives the majority of its revenue from Indian markets.

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