Innomet Advanced Materials (NSE:INNOMET) Tax Rate % : 60.52% (As of Mar. 2024)

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What is Innomet Advanced Materials Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Innomet Advanced Materials's Tax Expense for the six months ended in Mar. 2024 was ₹7.4 Mil. Innomet Advanced Materials's Pre-Tax Income for the six months ended in Mar. 2024 was ₹12.3 Mil. Therefore, Innomet Advanced Materials's Tax Rate % for the quarter that ended in Mar. 2024 was 60.52%.

Innomet Advanced Materials Tax Rate % Historical Data

The historical data trend for Innomet Advanced Materials'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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Innomet Advanced Materials Tax Rate % Chart

Innomet Advanced Materials Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Tax Rate %

26.25

22.81

Innomet Advanced Materials Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Tax Rate %	-	-	-	-	60.52

Innomet Advanced Materials Tax Rate % Calculation

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

Innomet Advanced Materials'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 )
	=	7.443	/	32.634
	=	22.81 %

Innomet Advanced Materials'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 )
	=	7.443	/	12.299
	=	60.52 %

Innomet Advanced Materials Tax Rate % Related Terms

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Innomet Advanced Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Innomet Advanced Materials Ltd (NSE:INNOMET) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad, TG, IND, 502032

Website

https://www.innomet.net

Innomet Advanced Materials Ltd is engaged in manufacturing and supplying Ferrous & Non-Ferrous Metal/Alloy Powders and Tungsten Heavy Alloy components. It has 2 divisions with brand names as under: Innomet Powders, and Innotung. Innomet Powders is a manufacturer of Metal and Alloy Powders through water, air and gas atomization processes. Innotung is the brand name for The Tungsten Heavy Alloy series manufactured through the Powder Metallurgy process by the Company. it supplies the material in the form of bars, plates, cubes, spheres and components of various sizes and shapes also in the finished machined condition as per customer drawings.

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