Menon Bearings (BOM:523828) Tax Rate % : 30.36% (As of Mar. 2024)

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What is Menon Bearings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Menon Bearings's Tax Expense for the three months ended in Mar. 2024 was ₹25 Mil. Menon Bearings's Pre-Tax Income for the three months ended in Mar. 2024 was ₹81 Mil. Therefore, Menon Bearings's Tax Rate % for the quarter that ended in Mar. 2024 was 30.36%.

Menon Bearings Tax Rate % Historical Data

The historical data trend for Menon Bearings'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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Menon Bearings Tax Rate % Chart

Menon Bearings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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26.57

24.41

24.16

23.30

26.51

Menon Bearings 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															19.11	25.49	25.56	24.85	30.36

Menon Bearings Tax Rate % Calculation

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

Menon Bearings'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 )
	=	87.842	/	331.392
	=	26.51 %

Menon Bearings'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 )
	=	24.516	/	80.749
	=	30.36 %

Menon Bearings Tax Rate % Related Terms

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Menon Bearings (BOM:523828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Menon Bearings Ltd (BOM:523828) » Definitions » Tax Rate %

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MENONBE:India

Address

G-1, MIDC, Gokul, Shirgaon, Kolhapur, MH, IND, 416 234

Website

https://www.menonbearings.in

Menon Bearings Ltd is engaged in the manufacturing of auto components. The company products include bi-metal Engine bearings, Bushes and Thrust Washers for light and heavy automobile engines, two-wheeler engines as well as compressors for refrigerators, air conditioners, and others. Its bearing products include bearings for connecting rods, flanged bearings, and tri-metal bearings. The thrust washers include washers with thrust face contours and ring-type thrust washers. It offers truncated bushes for connecting rods; ball indented bushes; bushes for connecting rods; rocker arms and rock shafts. It has one business segment namely Auto Components.

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