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


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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.

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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 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 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 %

* 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.


Venus Pipes & Tubes Tax Rate % Related Terms

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Venus Pipes & Tubes Business Description

Traded in Other Exchanges
Address
Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201
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

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