GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Milton Industries Ltd (NSE:MILTON) » Definitions » Tax Rate %

Milton Industries (NSE:MILTON) Tax Rate % : 23.64% (As of Mar. 2022)


View and export this data going back to 2017. Start your Free Trial

What is Milton Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Milton Industries's Tax Expense for the six months ended in Mar. 2022 was ₹10.1 Mil. Milton Industries's Pre-Tax Income for the six months ended in Mar. 2022 was ₹42.6 Mil. Therefore, Milton Industries's Tax Rate % for the quarter that ended in Mar. 2022 was 23.64%.

Milton Industries Tax Rate % Historical Data

The historical data trend for Milton Industries'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.

* Premium members only.

Milton Industries Tax Rate % Chart

Milton Industries Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 28.95 28.87 29.12 23.64

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 28.95 28.87 29.12 23.64

Milton Industries Tax Rate % Calculation

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

Milton Industries's Tax Rate % for the fiscal year that ended in Mar. 2022 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2022 )/Pre-Tax Income (A: Mar. 2022 )
=10.068/42.591
=23.64 %

Milton Industries's Tax Rate % for the quarter that ended in Mar. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2022 )/Pre-Tax Income (Q: Mar. 2022 )
=10.068/42.591
=23.64 %

* 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.

Milton Industries Tax Rate % Related Terms

Thank you for viewing the detailed overview of Milton Industries's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Milton Industries (NSE:MILTON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Milton Industries Ltd (NSE:MILTON) » Definitions » Tax Rate %
Comparable Companies
BOM:523732 BOM:526490 BOM:542155 NSE:WIPL BOM:516003 BOM:532994 BOM:540954 OSTO:SCA A UFPI SSD TSX:WFG TSX:SJ BOM:532548 XLIS:COR TSX:CFP SZSE:002043 BSP:DXCO3 XKRX:025900 SHSE:600189 TSX:IFP
Traded in Other Exchanges
N/A
Address
Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Website
https://www.miltonindustries.in
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens. The majority of the revenue comes from the Indian market.

Milton Industries (NSE:MILTON) Headlines

No Headlines