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Megatherm Induction (NSE:MEGATHERM) Tax Expense : ₹69 Mil (TTM As of Mar. 2024)


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What is Megatherm Induction Tax Expense?

Megatherm Induction's tax expense for the months ended in Mar. 2024 was ₹44 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹69 Mil.


Megatherm Induction Tax Expense Historical Data

The historical data trend for Megatherm Induction'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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Megatherm Induction Tax Expense Chart

Megatherm Induction Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Tax Expense
11.64 4.19 58.31 68.76

Megatherm Induction Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Tax Expense - - - 24.93 43.83

Megatherm Induction 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹69 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.


Megatherm Induction  (NSE:MEGATHERM) 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.


Megatherm Induction Tax Expense Related Terms

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Megatherm Induction Business Description

Traded in Other Exchanges
N/A
Address
Plot- L1 Block GP, Sector V, Electronics Complex, Salt lake City, Kolkata, WB, IND, 700091
Megatherm Induction Ltd is mainly involved in manufacturing and selling capital equipment such as induction melting and heating equipment, arc melting furnaces, ladle refining furnaces, continuous casting machines, and transformers. The company's products include automation, forging shop and mass heating equipment, foundry melt shop equipment, heat treatment and special applications, and pipes and tubes for heating, welding, and steel melt shop equipment. The company generates the majority of its revenue from India, with some revenue coming from international sales.

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