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Hi-Tech Pipes (NSE:HITECH) Tax Rate % : 24.78% (As of Jun. 2024)


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What is Hi-Tech Pipes Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hi-Tech Pipes's Tax Expense for the three months ended in Jun. 2024 was ₹59 Mil. Hi-Tech Pipes's Pre-Tax Income for the three months ended in Jun. 2024 was ₹240 Mil. Therefore, Hi-Tech Pipes's Tax Rate % for the quarter that ended in Jun. 2024 was 24.78%.

Hi-Tech Pipes Tax Rate % Historical Data

The historical data trend for Hi-Tech Pipes'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.

Hi-Tech Pipes Tax Rate % Chart

Hi-Tech Pipes 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 14.58 26.42 27.11 24.46 25.14

Hi-Tech Pipes Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 25.64 24.99 24.57 25.17 24.78

Hi-Tech Pipes Tax Rate % Calculation

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

Hi-Tech Pipes'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 )
=147.563/586.871
=25.14 %

Hi-Tech Pipes's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=59.487/240.016
=24.78 %

* 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.

Hi-Tech Pipes Tax Rate % Related Terms

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Hi-Tech Pipes Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hi-Tech Pipes Ltd (NSE:HITECH) » Definitions » Tax Rate %
Comparable Companies
BOM:513269 BOM:539018 BOM:513517 BOM:540642 BOM:534748 BOM:511076 NSE:RAMASTEEL BOM:543517 BOM:534392 BOM:539799 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF
Traded in Other Exchanges
543411:India
Address
505, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034
Website
https://www.hitechpipes.in
Hi-Tech Pipes Ltd is engaged in the manufacturing and marketing of a wide range of steel tubes. Its products are used in different industries like Infrastructure including telecom, defense, power distribution, railways, airports, Construction, Agriculture, and others. The company's product includes Black Steel Tubes; Rectangular and Hollow sections; Galvanised Steel Tubes; Metal Beam Highway Crash Barrier; Cold Rolling Coils and Cold Formed Sections.

Hi-Tech Pipes Headlines

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