Marathon Nextgen Realty (NSE:MARATHON) Tax Rate % : 27.97% (As of Mar. 2024)

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What is Marathon Nextgen Realty Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marathon Nextgen Realty's Tax Expense for the three months ended in Mar. 2024 was ₹122 Mil. Marathon Nextgen Realty's Pre-Tax Income for the three months ended in Mar. 2024 was ₹437 Mil. Therefore, Marathon Nextgen Realty's Tax Rate % for the quarter that ended in Mar. 2024 was 27.97%.

Marathon Nextgen Realty Tax Rate % Historical Data

The historical data trend for Marathon Nextgen Realty'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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Marathon Nextgen Realty Tax Rate % Chart

Marathon Nextgen Realty Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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20.67

27.84

32.64

27.73

25.77

Marathon Nextgen Realty 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															29.67	25.04	21.63	27.19	27.97

Marathon Nextgen Realty Tax Rate % Calculation

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

Marathon Nextgen Realty'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 )
	=	464.298	/	1801.539
	=	25.77 %

Marathon Nextgen Realty'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 )
	=	122.124	/	436.622
	=	27.97 %

Marathon Nextgen Realty Tax Rate % Related Terms

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Marathon Nextgen Realty (NSE:MARATHON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Marathon Nextgen Realty Ltd (NSE:MARATHON) » Definitions » Tax Rate %

Traded in Other Exchanges

503101:India

Address

Mulund-Goregaon Link Road and L.B.S Marg, 702, Marathon MAX, Mulund (West), Mumbai, MH, IND, 400 080

Website

https://www.marathonnextgen.com

Marathon Nextgen Realty Ltd is a real estate company. It is engaged in the business of construction, development, and sale of commercial and residential real estate projects. Geographically, it operates only in India. Some of its projects include Marathon NextGen Era; Marathon NextGen Innova; Marathon NextGen Emperor and Marathon Embrace (SRA). It generates maximum revenue from sale of a property.

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