IDFC First Bank (NSE:IDFCFIRSTB) Tax Rate % : 19.42% (As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is IDFC First Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IDFC First Bank's Tax Expense for the three months ended in Dec. 2024 was ₹820 Mil. IDFC First Bank's Pre-Tax Income for the three months ended in Dec. 2024 was ₹4,222 Mil. Therefore, IDFC First Bank's Tax Rate % for the quarter that ended in Dec. 2024 was 19.42%.

IDFC First Bank Tax Rate % Historical Data

The historical data trend for IDFC First Bank'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.

IDFC First Bank Tax Rate % Chart

IDFC First Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

-21.21

6.90

24.38

25.41

23.72

IDFC First Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															21.26	22.83	24.63	13.53	19.42

IDFC First Bank Tax Rate % Calculation

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

IDFC First Bank'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 )
	=	9148	/	38571.57
	=	23.72 %

IDFC First Bank's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	819.9	/	4221.6
	=	19.42 %

IDFC First Bank Tax Rate % Related Terms

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

IDFC First Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IDFC First Bank Ltd (NSE:IDFCFIRSTB) » Definitions » Tax Rate %

Traded in Other Exchanges

539437:India

Address

The Square, C-61, G-Block, Ground Floor To 8th Floor, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.idfcfirstbank.com

IDFC First Bank Ltd provides banking services including lending to individuals, providing loans, non-fund facilities, transaction services, corporate advisory, project appraisal placement, and syndication through the branch network and other delivery channels. The bank holds an investment portfolio, money market borrowing and lending, investment operations, and an entire foreign exchange and derivative portfolio. It organizes its business into four segments namely Treasury, Corporate and Wholesale, Retail, and Other Banking Business. The company generates maximum revenue from the Retail banking segment.

IDFC First Bank Headlines

No Headlines