Venus Pipes & Tubes (NSE:VENUSPIPES) Tax Rate % : 25.73% (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Venus Pipes & Tubes Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Venus Pipes & Tubes's Tax Expense for the three months ended in Dec. 2024 was ₹62 Mil. Venus Pipes & Tubes's Pre-Tax Income for the three months ended in Dec. 2024 was ₹242 Mil. Therefore, Venus Pipes & Tubes's Tax Rate % for the quarter that ended in Dec. 2024 was 25.73%.

Venus Pipes & Tubes Tax Rate % Historical Data

The historical data trend for Venus Pipes & Tubes'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.

Venus Pipes & Tubes Tax Rate % Chart

Venus Pipes & Tubes Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

36.36

23.64

26.14

25.93

25.65

Venus Pipes & Tubes Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial													25.30	25.94	25.46	25.58	25.73

Venus Pipes & Tubes Tax Rate % Calculation

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

Venus Pipes & Tubes'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 )
	=	296.64	/	1156.43
	=	25.65 %

Venus Pipes & Tubes'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 )
	=	62.26	/	241.99
	=	25.73 %

Venus Pipes & Tubes Tax Rate % Related Terms

Thank you for viewing the detailed overview of Venus Pipes & Tubes's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Venus Pipes & Tubes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Venus Pipes & Tubes Ltd (NSE:VENUSPIPES) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

543528:India

Address

Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201

Website

https://www.venuspipes.com

Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories namely seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision and heat exchanger tubes, stainless steel hydraulic and instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.

Venus Pipes & Tubes Headlines

No Headlines