Medico Remedies (NSE:MEDICO) Tax Rate % : 27.00% (As of Mar. 2024)

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What is Medico Remedies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Medico Remedies's Tax Expense for the three months ended in Mar. 2024 was ₹11 Mil. Medico Remedies's Pre-Tax Income for the three months ended in Mar. 2024 was ₹42 Mil. Therefore, Medico Remedies's Tax Rate % for the quarter that ended in Mar. 2024 was 27.00%.

Medico Remedies Tax Rate % Historical Data

The historical data trend for Medico Remedies'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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Medico Remedies Tax Rate % Chart

Medico Remedies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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26.40

30.00

25.78

28.29

26.86

Medico Remedies Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															22.32	29.90	22.82	29.94	27.00

Medico Remedies Tax Rate % Calculation

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

Medico Remedies'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 )
	=	30.44	/	113.349
	=	26.86 %

Medico Remedies'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 )
	=	11.46	/	42.451
	=	27.00 %

Medico Remedies Tax Rate % Related Terms

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Medico Remedies (NSE:MEDICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medico Remedies Ltd (NSE:MEDICO) » Definitions » Tax Rate %

Traded in Other Exchanges

540937:India

Address

N. S. Phadke Marg, Opposite Teligali, 1105/1106, 11th Floor, Hubtown Solaris, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.medicoremedies.com

Medico Remedies Ltd is a manufacturer, supplier, and exporter of pharmaceutical drugs. It focuses on the production and marketing of anti-infective, cephalosporins, antimalarial, antiretroviral, anti-ulcer drugs and antacids, vitamins, haematinics, and other supplements. In addition, it also sells other drugs such as antihistaminic, antidiabetics, cardiovascular drugs, diuretics, anti-epileptics, combination drug kits, syrups and cream, and gel for various therapeutic segments.

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