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Titan Co (NSE:TITAN) Tax Rate % : 23.58% (As of Dec. 2023)


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What is Titan Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Titan Co's Tax Expense for the three months ended in Dec. 2023 was ₹3,250 Mil. Titan Co's Pre-Tax Income for the three months ended in Dec. 2023 was ₹13,780 Mil. Therefore, Titan Co's Tax Rate % for the quarter that ended in Dec. 2023 was 23.58%.

Titan Co Tax Rate % Historical Data

The historical data trend for Titan Co'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.

* Premium members only.

Titan Co Tax Rate % Chart

Titan Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.04 28.97 26.60 24.31 26.38

Titan Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.67 25.51 24.55 26.84 23.58

Titan Co Tax Rate % Calculation

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

Titan Co'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 )
=11730/44470
=26.38 %

Titan Co'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 )
=3250/13780
=23.58 %

* 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.

Titan Co Tax Rate % Related Terms

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Titan Co (NSE:TITAN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Titan Co Ltd (NSE:TITAN) » Definitions » Tax Rate %
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BOM:543278 BOM:531500 NSE:VAIBHAVGBL BOM:543936 BOM:543532 BOM:533158 BOM:532054 BOM:500414 NSE:PCJEWELLER BOM:526729 XPAR:MC XPAR:RMS XPAR:CDI XSWX:CFR XPAR:KER HKSE:01913 HKSE:01929 XSWX:UHR OCSE:PNDORA LSE:BRBY
Traded in Other Exchanges
500114:India
Address
Off Hosur Main Road, INTEGRITY No. 193, Electronics City P.O., Veerasandra, Bangalore, KA, IND, 560100
Website
https://www.titancompany.in
Titan Co Ltd is engaged in the manufacturing and sale of watches, jewellery, eyewear, and other accessories and products. Its operating segments are watches and wearables, jewellery, eyewear, and others. The firm generates a majority of its revenue from jewellery. The company sells its products under various brands such as Fastrack, Skinn, Sonata, Zoop, Nebula, Zoya, Skinn, Tanishq, and others.

Titan Co (NSE:TITAN) Headlines

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