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Manba Finance (NSE:MANBA) Tax Expense : ₹86 Mil (TTM As of Sep. 2024)


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What is Manba Finance Tax Expense?

Manba Finance's tax expense for the months ended in Sep. 2024 was ₹56 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹86 Mil.


Manba Finance Tax Expense Historical Data

The historical data trend for Manba Finance'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.

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Manba Finance Tax Expense Chart

Manba Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Tax Expense
34.94 29.23 62.07 74.74

Manba Finance Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Tax Expense Get a 7-Day Free Trial - - 45.31 29.42 56.31

Manba Finance 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.

Tax Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹86 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.


Manba Finance  (NSE:MANBA) 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.


Manba Finance Tax Expense Related Terms

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Manba Finance Business Description

Traded in Other Exchanges
Address
Road No. 16, Wagle Estate, IT/ ITES Building, Plot No. A-79, Thane, MH, IND, 400 604
Manba Finance Ltd is a non-banking finance company offering financial solutions for new two-wheelers, three-wheelers, electric two-wheelers, electric three-wheelers, used cars, small business loans and personal loans. The company's target customers are mainly employees and the self-employed. The company has branches in urban, semi-urban and metropolitan cities and towns serving the surrounding rural areas. It has established relationships with more than 1,100 dealers, including more than 190 EV dealers in Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh and Uttar Pradesh.

Manba Finance Headlines

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