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Mahindra & Mahindra (NSE:M&M) Tax Rate % : 28.82% (As of Dec. 2024)


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What is Mahindra & Mahindra Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mahindra & Mahindra's Tax Expense for the three months ended in Dec. 2024 was ₹14,675 Mil. Mahindra & Mahindra's Pre-Tax Income for the three months ended in Dec. 2024 was ₹50,920 Mil. Therefore, Mahindra & Mahindra's Tax Rate % for the quarter that ended in Dec. 2024 was 28.82%.

Mahindra & Mahindra Tax Rate % Historical Data

The historical data trend for Mahindra & Mahindra'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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Mahindra & Mahindra Tax Rate % Chart

Mahindra & Mahindra Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.14 30.78 22.53 19.10 23.21

Mahindra & Mahindra 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.90 22.46 23.27 29.09 28.82

Mahindra & Mahindra Tax Rate % Calculation

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

Mahindra & Mahindra'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 )
=37079.7/159777.9
=23.21 %

Mahindra & Mahindra'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 )
=14675.1/50919.9
=28.82 %

* 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.

Mahindra & Mahindra Tax Rate % Related Terms

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Mahindra & Mahindra Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mahindra & Mahindra Ltd (NSE:M&M) » Definitions » Tax Rate %
Comparable Companies
NSE:TATAMOTORS NSE:MARUTI BOM:532977 NSE:EICHERMOT NSE:HYUNDAI BOM:532343 NSE:HEROMOTOCO NSE:OLAELEC BOM:500033 BOM:505192 TSLA TSE:7203 SZSE:002594 MIL:RACE XTER:MBG XTER:VOW3 XTER:BMW XTER:P911 GM TSE:7267
Traded in Other Exchanges
MAHMF:USA 500520:India MHIDl:UK MHID:UK MOM:Germany
Address
Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, IND, 400018
Website
https://www.mahindra.com
Mahindra & Mahindra Ltd is a holding company. The company's segment includes Automotive; Farm Equipment and Services. It generates maximum revenue from the Automotive segment. The Automotive segment comprises the sale of automobiles, spares, mobility solutions, construction equipment, and related services. Geographically, it derives a majority of its revenue from India.

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