GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ashapura Logistics Ltd (NSE:ASHALOG) » Definitions » Tax Expense

Ashapura Logistics (NSE:ASHALOG) Tax Expense : ₹43 Mil (TTM As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Ashapura Logistics Tax Expense?

Ashapura Logistics's tax expense for the six months ended in Mar. 2024 was ₹43 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹43 Mil.


Ashapura Logistics Tax Expense Historical Data

The historical data trend for Ashapura Logistics's Tax Expense 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.

Ashapura Logistics Tax Expense Chart

Ashapura Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Tax Expense
27.25 23.56 31.48 42.70

Ashapura Logistics Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Tax Expense 27.25 23.56 31.48 42.70

Ashapura Logistics Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Tax Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹43 Mil.

* 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.


Ashapura Logistics  (NSE:ASHALOG) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Ashapura Logistics Tax Expense Related Terms

Thank you for viewing the detailed overview of Ashapura Logistics's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashapura Logistics Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
S.G. Highway, B-902 Shapath Hexa, Opposite High Court, Sola, Ahmedabad, GJ, IND, 380060
Ashapura Logistics Ltd is an integrated logistics company in India. It operates in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (3PL)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). The transportation business generated key revenue for the company.

Ashapura Logistics Headlines

No Headlines