Thermax (NSE:THERMAX) Tax Rate % : 27.22% (As of Dec. 2024)

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What is Thermax Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Thermax's Tax Expense for the three months ended in Dec. 2024 was ₹425 Mil. Thermax's Pre-Tax Income for the three months ended in Dec. 2024 was ₹1,563 Mil. Therefore, Thermax's Tax Rate % for the quarter that ended in Dec. 2024 was 27.22%.

Thermax Tax Rate % Historical Data

The historical data trend for Thermax'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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Thermax Tax Rate % Chart

Thermax Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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43.28

24.93

23.85

25.26

25.98

Thermax 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															23.32	25.23	32.17	25.63	27.22

Thermax Tax Rate % Calculation

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

Thermax'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 )
	=	2257.7	/	8689.6
	=	25.98 %

Thermax'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 )
	=	425.4	/	1562.7
	=	27.22 %

Thermax Tax Rate % Related Terms

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Thermax Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Thermax Ltd (NSE:THERMAX) » Definitions » Tax Rate %

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500411:India

Address

14, Mumbai-Pune Road, Thermax House, Wakdewadi, Pune, MH, IND, 411 003

Website

http://www.thermaxglobal.com

Thermax Ltd is a company that provides engineering solutions. The company operates through four reportable segments which are industrial products, industrial infra, green solutions, and chemicals. It earns the majority of its revenue from the Industrial Infra segment. The Company's portfolio includes boilers and heaters, absorption chillers/heat pumps, power plants, solar equipment, related services, air pollution control equipment/system, water and waste recycle plants, ion exchange resins and performance chemicals and related services The company generates more than half of its revenue from India.

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