Karur Vysya Bank (NSE:KARURVYSYA) Tax Rate % : 20.47% (As of Mar. 2024)

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What is Karur Vysya Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Karur Vysya Bank's Tax Expense for the three months ended in Mar. 2024 was ₹1,174 Mil. Karur Vysya Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₹5,735 Mil. Therefore, Karur Vysya Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 20.47%.

Karur Vysya Bank Tax Rate % Historical Data

The historical data trend for Karur Vysya 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.

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Karur Vysya Bank Tax Rate % Chart

Karur Vysya Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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13.65

32.74

27.68

23.02

23.59

Karur Vysya Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.26	26.66	26.01	21.77	20.47

Karur Vysya Bank Tax Rate % Calculation

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

Karur Vysya 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 )
	=	4953.8	/	21001.9
	=	23.59 %

Karur Vysya Bank'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 )
	=	1174	/	5735
	=	20.47 %

Karur Vysya Bank Tax Rate % Related Terms

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Karur Vysya Bank (NSE:KARURVYSYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Karur Vysya Bank Ltd (NSE:KARURVYSYA) » Definitions » Tax Rate %

Traded in Other Exchanges

590003:India

Address

No. 20, Erode Road, Vadivel Nagar, L.N.S., Karur, TN, IND, 639002

Website

https://www.kvb.co.in

Karur Vysya Bank Ltd is a provider of banking products and financial services headquartered in India. The bank's customers are both individuals and corporations, with individual customers providing the largest amount of revenue to the bank. The company generates all of its revenue domestically through three main segments: Treasury operations, Corporate/Wholesale banking operations and Retail banking operations. The largest of these by revenue is the retail banking segment, which provides savings accounts, loans, deposits insurance and mutual funds. Corporate/wholesale banking includes foreign exchange, trade finance, working capital finance, credit for agriculturalists, term loans, and insurance.

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