Prakash Pipes (NSE:PPL) Tax Rate % : 23.40% (As of Dec. 2023)

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What is Prakash Pipes Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Prakash Pipes's Tax Expense for the three months ended in Dec. 2023 was ₹71 Mil. Prakash Pipes's Pre-Tax Income for the three months ended in Dec. 2023 was ₹302 Mil. Therefore, Prakash Pipes's Tax Rate % for the quarter that ended in Dec. 2023 was 23.40%.

Prakash Pipes Tax Rate % Historical Data

The historical data trend for Prakash Pipes'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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Prakash Pipes Tax Rate % Chart

Prakash Pipes Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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25.40

27.84

29.51

30.28

20.33

Prakash Pipes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															23.95	-17.97	14.73	15.47	23.40

Prakash Pipes Tax Rate % Calculation

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

Prakash Pipes'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 )
	=	181.9	/	894.8
	=	20.33 %

Prakash Pipes'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 )
	=	70.7	/	302.1
	=	23.40 %

Prakash Pipes Tax Rate % Related Terms

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Prakash Pipes (NSE:PPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prakash Pipes Ltd (NSE:PPL) » Definitions » Tax Rate %

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542684:India

Address

Srivan, Bijwasan, New Delhi, IND, 110061

Website

https://www.prakashplastics.in

Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers a products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes and their related Fittings. Its segments are PVC Pipe and fitting and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fitting.