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Balkrishna Industries (NSE:BALKRISIND) Tax Rate % : 24.75% (As of Mar. 2024)


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What is Balkrishna Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Balkrishna Industries's Tax Expense for the three months ended in Mar. 2024 was ₹1,601 Mil. Balkrishna Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹6,468 Mil. Therefore, Balkrishna Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 24.75%.

Balkrishna Industries Tax Rate % Historical Data

The historical data trend for Balkrishna 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.

* Premium members only.

Balkrishna Industries Tax Rate % Chart

Balkrishna Industries 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 15.78 24.27 27.58 26.30 24.19

Balkrishna 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 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 26.82 22.76 23.73 25.31 24.75

Balkrishna Industries Tax Rate % Calculation

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

Balkrishna 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 )
=4695.1/19410
=24.19 %

Balkrishna 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 )
=1600.9/6468.4
=24.75 %

* 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.

Balkrishna Industries Tax Rate % Related Terms

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Balkrishna Industries (NSE:BALKRISIND) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkrishna Industries Ltd (NSE:BALKRISIND) » Definitions » Tax Rate %
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BOM:500493 NSE:SCHAEFFLER BOM:500290 BOM:500530 NSE:MOTHERSON BOM:532539 BOM:543300 NSE:ZFCVINDIA NSE:SUNDRMFAST BOM:543498 TSE:6902 MBLY TSE:5108 APTV XPAR:ML XKRX:012330 ISX:ASII TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
502355:India
Address
Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Website
https://www.bkt-tires.com
Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly owned subsidiaries located in both Europe and North America.

Balkrishna Industries (NSE:BALKRISIND) Headlines

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