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Gujarat Mineral Development (NSE:GMDCLTD) Tax Rate % : 19.73% (As of Mar. 2024)


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What is Gujarat Mineral Development Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gujarat Mineral Development's Tax Expense for the three months ended in Mar. 2024 was ₹503 Mil. Gujarat Mineral Development's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,549 Mil. Therefore, Gujarat Mineral Development's Tax Rate % for the quarter that ended in Mar. 2024 was 19.73%.


Gujarat Mineral Development Tax Rate % Historical Data

The historical data trend for Gujarat Mineral Development'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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Gujarat Mineral Development Tax Rate % Chart

Gujarat Mineral Development 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 28.75 88.90 42.74 27.00 24.64

Gujarat Mineral Development 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 27.30 25.11 31.25 27.03 19.73

Gujarat Mineral Development Tax Rate % Calculation

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

Gujarat Mineral Development'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 )
=2007.709/8147.309
=24.64 %

Gujarat Mineral Development'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 )
=502.804/2548.755
=19.73 %

* 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.


Gujarat Mineral Development Tax Rate % Related Terms

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Gujarat Mineral Development (NSE:GMDCLTD) Business Description

Traded in Other Exchanges
Address
132 Feet Ring Road, Khanij Bhavan, Near University Ground, Vastrapur, Ahmedabad, GJ, IND, 380 052
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of the revenue is derived from mining operations specifically from the sale of lignite mining and the company also has various other mining projects.

Gujarat Mineral Development (NSE:GMDCLTD) Headlines

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