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Hisar Metal Industries (NSE:HISARMETAL) Tax Rate % : 6.19% (As of Mar. 2024)


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What is Hisar Metal Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hisar Metal Industries's Tax Expense for the three months ended in Mar. 2024 was ₹1 Mil. Hisar Metal Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₹11 Mil. Therefore, Hisar Metal Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 6.19%.

Hisar Metal Industries Tax Rate % Historical Data

The historical data trend for Hisar Metal 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.

Hisar Metal Industries Tax Rate % Chart

Hisar Metal 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 22.04 30.27 25.67 29.67 22.61

Hisar Metal 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 55.17 25.21 25.27 25.00 6.19

Hisar Metal Industries Tax Rate % Calculation

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

Hisar Metal 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 )
=18.9/83.6
=22.61 %

Hisar Metal 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 )
=0.7/11.3
=6.19 %

* 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.

Hisar Metal Industries Tax Rate % Related Terms

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Hisar Metal Industries (NSE:HISARMETAL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hisar Metal Industries Ltd (NSE:HISARMETAL) » Definitions » Tax Rate %
Comparable Companies
BOM:500058 BOM:504903 BOM:539527 BOM:533239 BOM:517372 BOM:513361 BOM:531289 BOM:531845 BOM:540614 BOM:513456 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF
Traded in Other Exchanges
590018:India
Address
Delhi Road, Near Industrial Development Colony, Hisar, HR, IND, 125 005
Website
https://www.hisarmetal.com
Hisar Metal Industries Ltd is an Indian-based company, operating in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strips and stainless steel tubes and pipes. The company generates maximum revenue from the sale of Cold Rolled Stainless Steel strips.

Hisar Metal Industries (NSE:HISARMETAL) Headlines

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