MT Educare (NSE:MTEDUCARE) Tax Rate % : 1.49% (As of Dec. 2024)

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What is MT Educare Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MT Educare's Tax Expense for the three months ended in Dec. 2024 was ₹-0.8 Mil. MT Educare's Pre-Tax Income for the three months ended in Dec. 2024 was ₹-54.0 Mil. Therefore, MT Educare's Tax Rate % for the quarter that ended in Dec. 2024 was 1.49%.

MT Educare Tax Rate % Historical Data

The historical data trend for MT Educare'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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MT Educare Tax Rate % Chart

MT Educare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-18.31

-68.91

-11.64

3.59

-5.10

MT Educare 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															-4.15	-4.56	9.97	-0.70	1.49

MT Educare Tax Rate % Calculation

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

MT Educare'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 )
	=	13.407	/	-263.119
	=	-5.10 %

MT Educare'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 )
	=	-0.804	/	-53.988
	=	1.49 %

MT Educare Tax Rate % Related Terms

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MT Educare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » MT Educare Ltd (NSE:MTEDUCARE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

534312:India

Address

L.B.S Cross Road, Pandit Din Dayal Upadhyay Marg, Office No. 220, 2nd Floor, Neptune’s Flying Colors, Mulund (West), Mumbai, MH, IND, 400080

Website

https://www.mteducare.com

MT Educare Ltd provides education support and coaching services under the Mahesh Tutorials brand in India. It engages in the provision of commercial training, coaching, tutorial classes, and activities. The firm offers school courses for secondary and higher education, commerce courses for higher secondary and professional education, and pre-university courses for 11th and 12th standards, JEE Main, JEE Advanced, and medical entrance. It operates under the following brands: Robomate+, Lakshya, Mahesh Tutorials, MT Educare's CPLC, and Mahesh PU College. Its segment includes conducting commercial training, coaching, tutorial classes and activities incidental and ancillary thereon.

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