Glance Finance (BOM:531199) Tax Rate % : 38.12% (As of Mar. 2024)

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What is Glance Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Glance Finance's Tax Expense for the three months ended in Mar. 2024 was ₹3.5 Mil. Glance Finance's Pre-Tax Income for the three months ended in Mar. 2024 was ₹9.2 Mil. Therefore, Glance Finance's Tax Rate % for the quarter that ended in Mar. 2024 was 38.12%.

Glance Finance Tax Rate % Historical Data

The historical data trend for Glance Finance'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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Glance Finance Tax Rate % Chart

Glance Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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133.63

47.36

29.87

8.70

41.59

Glance Finance 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															-258.53	38.97	45.70	44.00	38.12

Glance Finance Tax Rate % Calculation

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

Glance Finance'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 )
	=	13.821	/	33.229
	=	41.59 %

Glance Finance'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 )
	=	3.49	/	9.156
	=	38.12 %

Glance Finance Tax Rate % Related Terms

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Glance Finance (BOM:531199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Glance Finance Ltd (BOM:531199) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

192, Dr. D.N. Road, 7, Kitab Mahal, 1st Floor, Fort, Mumbai, MH, IND, 400001

Website

http://www.glancefinance.com

Glance Finance Ltd is a non-banking financial company. It is involved in fund-based financing activities. The company engaged in the business of Asset Leasing and Investment in Capital Market. It generates revenue in the form of Interest; Dividends; Fees and Commission; Sale of Traded Goods and other income.

Glance Finance (BOM:531199) Headlines

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