Kansai Nerolac Paints (BOM:500165) Tax Rate % : 27.00% (As of Mar. 2024)

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What is Kansai Nerolac Paints Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kansai Nerolac Paints's Tax Expense for the three months ended in Mar. 2024 was ₹423 Mil. Kansai Nerolac Paints's Pre-Tax Income for the three months ended in Mar. 2024 was ₹1,566 Mil. Therefore, Kansai Nerolac Paints's Tax Rate % for the quarter that ended in Mar. 2024 was 27.00%.

Kansai Nerolac Paints Tax Rate % Historical Data

The historical data trend for Kansai Nerolac Paints'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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Kansai Nerolac Paints Tax Rate % Chart

Kansai Nerolac Paints Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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22.67

26.21

27.97

26.21

24.68

Kansai Nerolac Paints 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															23.14	23.23	26.97	26.96	27.00

Kansai Nerolac Paints Tax Rate % Calculation

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

Kansai Nerolac Paints'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 )
	=	3853.5	/	15612.1
	=	24.68 %

Kansai Nerolac Paints'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 )
	=	422.7	/	1565.6
	=	27.00 %

Kansai Nerolac Paints Tax Rate % Related Terms

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Kansai Nerolac Paints (BOM:500165) Business Description

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KANSAINER:India

Address

N. M. Joshi Marg, 28th Floor, A-Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.nerolac.com

Kansai Nerolac Paints Ltd (or KNPL) is a paint company headquartered in India. KNPL operates through its paint business to provide a wide range of products and solutions in industrial and decorative coatings. KNPL's decorative coating solutions are used by customers in segments such as adhesives, wood, and construction chemicals. KNPL's industrial coatings include automotive, general industrial, powder, and high performance. The company's industrial coating products and services are applied to vehicles, electrical and agricultural equipment, refrigerators, and railways, among others. KNPL has operations in India, Nepal, Sri Lanka, and Bangladesh, with most of its sales from its activities in India.

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