The South Indian Bank (NSE:SOUTHBANK) Tax Rate % : 26.81% (As of Mar. 2024)

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What is The South Indian Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The South Indian Bank's Tax Expense for the three months ended in Mar. 2024 was ₹1,053 Mil. The South Indian Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₹3,926 Mil. Therefore, The South Indian Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 26.81%.

The South Indian Bank Tax Rate % Historical Data

The historical data trend for The South Indian Bank'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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The South Indian Bank Tax Rate % Chart

The South Indian Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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30.06

28.56

148.58

30.06

30.00

The South Indian Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															36.11	30.63	32.84	29.79	26.81

The South Indian Bank Tax Rate % Calculation

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

The South Indian Bank'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 )
	=	4587.1	/	15288.9
	=	30.00 %

The South Indian Bank'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 )
	=	1052.6	/	3925.9
	=	26.81 %

The South Indian Bank Tax Rate % Related Terms

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The South Indian Bank (NSE:SOUTHBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The South Indian Bank Ltd (NSE:SOUTHBANK) » Definitions » Tax Rate %

Traded in Other Exchanges

532218:India

Address

TB Road, SIB House, P.O. Box No. 28, Mission Quarters, Thrissur, KL, IND, 680 001

Website

https://www.southindianbank.com

The South Indian Bank Ltd operates in the Indian banking sector. The company's operating segments include Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. Corporate/Wholesale Banking segment provides loans to corporate segment identified on the basis of RBI guidelines. The Retail Banking segment provides loans to non-corporate customers. Treasury segment constitutes interest earnings on investment portfolios and foreign exchange activities. The Other Banking Operations segment includes income from para-banking activities. It generates maximum revenue from the Retail Banking Banking segment. Geographically, it operates in India.

The South Indian Bank (NSE:SOUTHBANK) Headlines

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