Ashoka Metcast (NSE:ASHOKAMET) Tax Rate % : 10.08% (As of Sep. 2023)

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What is Ashoka Metcast Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ashoka Metcast's Tax Expense for the three months ended in Sep. 2023 was ₹1.0 Mil. Ashoka Metcast's Pre-Tax Income for the three months ended in Sep. 2023 was ₹9.9 Mil. Therefore, Ashoka Metcast's Tax Rate % for the quarter that ended in Sep. 2023 was 10.08%.

Ashoka Metcast Tax Rate % Historical Data

The historical data trend for Ashoka Metcast'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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Ashoka Metcast Tax Rate % Chart

Ashoka Metcast Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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-4.18

25.00

25.84

19.02

24.03

Ashoka Metcast Quarterly Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial												13.08	21.66	6.52	29.57	10.08

Ashoka Metcast Tax Rate % Calculation

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

Ashoka Metcast's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	9.757	/	40.611
	=	24.03 %

Ashoka Metcast's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.995	/	9.872
	=	10.08 %

Ashoka Metcast Tax Rate % Related Terms

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Ashoka Metcast (NSE:ASHOKAMET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashoka Metcast Ltd (NSE:ASHOKAMET) » Definitions » Tax Rate %

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Traded in Other Exchanges

540923:India

Address

Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006

Website

http://www.ashokametcast.in

Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.

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