Bajaj Finserv (NSE:BAJAJFINSV) Tax Rate % : 26.09% (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Bajaj Finserv Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bajaj Finserv's Tax Expense for the three months ended in Mar. 2024 was ₹14,416 Mil. Bajaj Finserv's Pre-Tax Income for the three months ended in Mar. 2024 was ₹55,265 Mil. Therefore, Bajaj Finserv's Tax Rate % for the quarter that ended in Mar. 2024 was 26.09%.

Bajaj Finserv Tax Rate % Historical Data

The historical data trend for Bajaj Finserv'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.

* Premium members only.

Bajaj Finserv Tax Rate % Chart

Bajaj Finserv Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

27.80

25.30

26.24

27.37

27.04

Bajaj Finserv 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															26.55	27.63	29.03	25.51	26.09

Bajaj Finserv Tax Rate % Calculation

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

Bajaj Finserv'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 )
	=	57796.7	/	213750.3
	=	27.04 %

Bajaj Finserv'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 )
	=	14416.1	/	55265.4
	=	26.09 %

Bajaj Finserv Tax Rate % Related Terms

Thank you for viewing the detailed overview of Bajaj Finserv's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bajaj Finserv (NSE:BAJAJFINSV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bajaj Finserv Ltd (NSE:BAJAJFINSV) » Definitions » Tax Rate %

Traded in Other Exchanges

532978:India

Address

Off Pune-Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014

Website

https://www.bajajfinserv.in

Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its mortgage lending activities consist of loans for residential and commercial properties and developer financing, among others. The company operates in India, with most of its revenue coming from Premium and other operating income from the insurance business.

Bajaj Finserv (NSE:BAJAJFINSV) Headlines

No Headlines