Baid Finserv (BOM:511724) Tax Rate % : 45.88% (As of Mar. 2024)

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What is Baid Finserv Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Baid Finserv's Tax Expense for the three months ended in Mar. 2024 was ₹9.7 Mil. Baid Finserv's Pre-Tax Income for the three months ended in Mar. 2024 was ₹21.2 Mil. Therefore, Baid Finserv's Tax Rate % for the quarter that ended in Mar. 2024 was 45.88%.

Baid Finserv Tax Rate % Historical Data

The historical data trend for Baid Finserv'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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Baid Finserv Tax Rate % Chart

Baid Finserv Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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26.57

27.31

27.69

25.81

28.59

Baid Finserv 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															25.59	25.17	25.17	28.73	45.88

Baid Finserv Tax Rate % Calculation

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

Baid Finserv'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 )
	=	51.731	/	180.971
	=	28.59 %

Baid Finserv'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 )
	=	9.712	/	21.166
	=	45.88 %

Baid Finserv Tax Rate % Related Terms

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Baid Finserv (BOM:511724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Baid Finserv Ltd (BOM:511724) » Definitions » Tax Rate %

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BAIDFIN:India

Address

1, Tara Nagar, Ajmer Road, Baid House, 2nd Floor, Jaipur, RJ, IND, 302006

Website

https://www.baidfinserv.com

Baid Finserv Ltd is a non-banking financial company engaged in vehicle financing, loan against property and SME lending, hire purchase services, leasing, securities investments, and trading negotiable instruments. The Company operates in a single reporting segment which is financing. It also provides mortgage loans and top-up loans. The company mainly operates in India.

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