Nitiraj Engineers (NSE:NITIRAJ) Tax Rate % : 25.15% (As of Dec. 2023)

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What is Nitiraj Engineers Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nitiraj Engineers's Tax Expense for the three months ended in Dec. 2023 was ₹7.2 Mil. Nitiraj Engineers's Pre-Tax Income for the three months ended in Dec. 2023 was ₹28.6 Mil. Therefore, Nitiraj Engineers's Tax Rate % for the quarter that ended in Dec. 2023 was 25.15%.

Nitiraj Engineers Tax Rate % Historical Data

The historical data trend for Nitiraj Engineers'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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Nitiraj Engineers Tax Rate % Chart

Nitiraj Engineers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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28.45

28.36

27.44

23.73

-485.97

Nitiraj Engineers Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-248.10	110.72	25.17	19.92	25.15

Nitiraj Engineers Tax Rate % Calculation

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

Nitiraj Engineers's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	1.905	/	-0.392
	=	-485.97 %

Nitiraj Engineers's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	7.196	/	28.613
	=	25.15 %

Nitiraj Engineers Tax Rate % Related Terms

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Nitiraj Engineers (NSE:NITIRAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nitiraj Engineers Ltd (NSE:NITIRAJ) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Plot NO J25, J26,MIDC Awadhan,, Dhule, MH, IND, 424006

Website

https://www.nitiraj.net

Nitiraj Engineers Ltd offers measure and counting devices in India. It operates in five broad segments i.e., Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, and Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales. The company generates maximum revenue from the Electronic Weighing Scales and Systems segment. Its diverse product portfolio caters to various sectors such as industrial, commercial, jewellery, healthcare, household, automobile, and home and hotel. Geographically it derives a majority of its revenue from India.

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