Tata Steel (Tata Steel) Tax Rate % : 72.92% (As of Dec. 2023)

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What is Tata Steel Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tata Steel's Tax Expense for the three months ended in Dec. 2023 was $169 Mil. Tata Steel's Pre-Tax Income for the three months ended in Dec. 2023 was $232 Mil. Therefore, Tata Steel's Tax Rate % for the quarter that ended in Dec. 2023 was 72.92%.

Tata Steel Tax Rate % Historical Data

The historical data trend for Tata Steel'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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Tata Steel Tax Rate % Chart

Tata Steel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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42.24

184.93

40.84

16.88

55.72

Tata Steel 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															720.88	52.84	71.71	3.38	72.92

Tata Steel Tax Rate % Calculation

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

Tata Steel'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 )
	=	1234.983	/	2216.591
	=	55.72 %

Tata Steel'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 )
	=	168.853	/	231.57
	=	72.92 %

Tata Steel Tax Rate % Related Terms

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Tata Steel (Tata Steel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tata Steel Ltd (OTCPK:TATLY) » Definitions » Tax Rate %

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Traded in Other Exchanges

TATASTEEL:India 500470:India TTSTl:UK TTST:UK HWHG:Germany

Address

24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400 001

Website

https://www.tatasteel.com

Tata Steel Ltd is an India-based company that is engaged in the production and marketing of various steel products. Its products are basically classified into flat products and construction products. Flat products include hot-rolled steel, cold-rolled steel, metallic-coated steel, direct-coated steel, tubes, packaging steel, electro-plated steel, and narrow strip. Its segments include Tata Steel India, Tata Steel Long Products, Other Indian operations, Tata Steel Europe, Other trade related operations, South-East Asian operations, and the Rest of the world.

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