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Welspun Enterprises (NSE:WELENT) Tax Rate % : 28.68% (As of Mar. 2024)


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What is Welspun Enterprises Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Welspun Enterprises's Tax Expense for the three months ended in Mar. 2024 was ₹343 Mil. Welspun Enterprises's Pre-Tax Income for the three months ended in Mar. 2024 was ₹1,196 Mil. Therefore, Welspun Enterprises's Tax Rate % for the quarter that ended in Mar. 2024 was 28.68%.

Welspun Enterprises Tax Rate % Historical Data

The historical data trend for Welspun Enterprises'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.

Welspun Enterprises Tax Rate % Chart

Welspun Enterprises 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 25.46 27.57 24.31 7.69 27.10

Welspun Enterprises 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 15.71 26.01 25.63 27.79 28.68

Welspun Enterprises Tax Rate % Calculation

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

Welspun Enterprises'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 )
=1297/4785.4
=27.10 %

Welspun Enterprises'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 )
=342.9/1195.8
=28.68 %

* 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.

Welspun Enterprises Tax Rate % Related Terms

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Welspun Enterprises (NSE:WELENT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Welspun Enterprises Ltd (NSE:WELENT) » Definitions » Tax Rate %
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BOM:533271 BOM:531120 BOM:500185 BOM:509496 BOM:533262 BOM:532940 NSE:DBL BOM:517015 BOM:532811 BOM:540544 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
532553:India
Address
Senapati Bapat Marg, Welspun House, Kamala Mills Compound, Lower Parel (west), Mumbai, MH, IND, 400 013
Website
https://www.welspunenterprises.com
Welspun Enterprises Ltd is an India based company, engaged in the infrastructure (road and water) business. Through its subsidiaries, the company operates through the segments of Infrastructure and Oil and Gas. The company has developed and operates public-private partnership (PPP) projects in various sectors, such as roads, water, and urban infrastructure. The firm generates maximum revenue from the Infrastructure segment which involves undertaking of road construction and water supply projects.

Welspun Enterprises (NSE:WELENT) Headlines

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