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Jainam Ferro Alloys (I) (NSE:JAINAM) Tax Rate % : 23.96% (As of Sep. 2024)


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What is Jainam Ferro Alloys (I) Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jainam Ferro Alloys (I)'s Tax Expense for the six months ended in Sep. 2024 was ₹25 Mil. Jainam Ferro Alloys (I)'s Pre-Tax Income for the six months ended in Sep. 2024 was ₹105 Mil. Therefore, Jainam Ferro Alloys (I)'s Tax Rate % for the quarter that ended in Sep. 2024 was 23.96%.

Jainam Ferro Alloys (I) Tax Rate % Historical Data

The historical data trend for Jainam Ferro Alloys (I)'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.

Jainam Ferro Alloys (I) Tax Rate % Chart

Jainam Ferro Alloys (I) Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial 23.23 27.37 25.30 25.94 29.57

Jainam Ferro Alloys (I) Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.58 11.61 25.92 103.01 23.96

Jainam Ferro Alloys (I) Tax Rate % Calculation

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

Jainam Ferro Alloys (I)'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 )
=22.401/75.755
=29.57 %

Jainam Ferro Alloys (I)'s Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=25.144/104.96
=23.96 %

* 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.

Jainam Ferro Alloys (I) Tax Rate % Related Terms

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Jainam Ferro Alloys (I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jainam Ferro Alloys (I) Ltd (NSE:JAINAM) » Definitions » Tax Rate %
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BOM:533275 NSE:KRITIKA BOM:511672 NSE:KATARIA BOM:504903 BOM:533014 NSE:SHYAMCENT BOM:505693 BOM:513361 BOM:540614 NUE BOM:500228 TSE:5401 XAMS:MT SHSE:600019 NSE:TATASTEEL STLD RS XKRX:005490 MIC:CHMF
Traded in Other Exchanges
N/A
Address
Urla Industrial Area, Sector-C, Plot No. 103 to 113 & 130 to 136/A & 137, Birgaon, Raipur, CT, IND, 492003
Website
https://www.jainamferro.com
Jainam Ferro Alloys (I) Ltd is engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese and Silico manganese, largely used in the Steel industry. Ferro silicon, ferro silicon oxide, ferro silicon, ferro silicon, and ferro chrome are among the company's products. The company also generates revenue from trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys. It sells products within India.

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