JM Financial (NSE:JMFINANCIL) Tax Rate % : 6.39% (As of Sep. 2024)

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What is JM Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. JM Financial's Tax Expense for the three months ended in Sep. 2024 was ₹98 Mil. JM Financial's Pre-Tax Income for the three months ended in Sep. 2024 was ₹1,536 Mil. Therefore, JM Financial's Tax Rate % for the quarter that ended in Sep. 2024 was 6.39%.

JM Financial Tax Rate % Historical Data

The historical data trend for JM Financial'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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JM Financial Tax Rate % Chart

JM Financial Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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28.90

24.44

26.38

25.60

92.21

JM Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															26.05	22.91	-17.96	24.25	6.39

JM Financial Tax Rate % Calculation

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

JM Financial'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 )
	=	3258.5	/	3533.7
	=	92.21 %

JM Financial'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 )
	=	98.1	/	1536
	=	6.39 %

JM Financial Tax Rate % Related Terms

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JM Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » JM Financial Ltd (NSE:JMFINANCIL) » Definitions » Tax Rate %

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Traded in Other Exchanges

523405:India

Address

Appasaheb Marathe Marg, 7th Floor, Cnergy, Prabhadevi, Mumbai, MH, IND, 400 025

Website

https://www.jmfl.com

JM Financial Ltd is an India-based financial services group, specialising in providing a range of businesses to corporations, financial institutions, high-net-worth individuals, and retail investors. Its operating segment includes Investment Banking; Asset Management, Wealth Management and Securities Business (Platform AWS); Mortgage Lending; Alternative & Distressed Credit; and Others. The Investment Banking segment, which is the key revenue-generating segment, includes management of capital markets transactions, advising on mergers & acquisitions, and private equity syndication. This segment also includes institutional equities business and research, private wealth management, PMS, private equity funds, fixed income, syndication, and finance.

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