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United Drilling Tools (NSE:UNIDT) Tax Rate % : 31.69% (As of Mar. 2024)


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What is United Drilling Tools Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. United Drilling Tools's Tax Expense for the three months ended in Mar. 2024 was ₹14 Mil. United Drilling Tools's Pre-Tax Income for the three months ended in Mar. 2024 was ₹46 Mil. Therefore, United Drilling Tools's Tax Rate % for the quarter that ended in Mar. 2024 was 31.69%.

United Drilling Tools Tax Rate % Historical Data

The historical data trend for United Drilling Tools'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.

United Drilling Tools Tax Rate % Chart

United Drilling Tools Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.29 - 30.00 30.62 31.98

United Drilling Tools 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 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 33.23 29.27 18.67 30.36 31.69

United Drilling Tools Tax Rate % Calculation

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

United Drilling Tools'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 )
=44.091/137.892
=31.98 %

United Drilling Tools'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 )
=14.452/45.609
=31.69 %

* 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.

United Drilling Tools Tax Rate % Related Terms

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United Drilling Tools (NSE:UNIDT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » United Drilling Tools Ltd (NSE:UNIDT) » Definitions » Tax Rate %
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Traded in Other Exchanges
522014:India
Address
26th Floor, Astralis Tower, Supernova Complex, Gautam Budh Nagar, Sector-94, Noida, UP, IND, 201301
Website
https://www.udtltd.com
United Drilling Tools Ltd is a manufacturer of Oilfield Equipment. Its product profile includes Wireline Winch Units, Artificial Gas Lift Equipments, Fast Make-Up High-Performance Connectors, Down Hole Tools, and Casing Pipe with Connectors. The company operates in domestic as well as international markets.

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