Mohit Industries (BOM:531453) Tax Rate % : 38.40% (As of Dec. 2023)

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What is Mohit Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mohit Industries's Tax Expense for the three months ended in Dec. 2023 was ₹-3 Mil. Mohit Industries's Pre-Tax Income for the three months ended in Dec. 2023 was ₹-7 Mil. Therefore, Mohit Industries's Tax Rate % for the quarter that ended in Dec. 2023 was 38.40%.

Mohit Industries Tax Rate % Historical Data

The historical data trend for Mohit Industries'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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Mohit Industries Tax Rate % Chart

Mohit Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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-12.84

-93.87

34.79

21.42

-14.23

Mohit Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															7.88	-57.23	15.95	22.85	38.40

Mohit Industries Tax Rate % Calculation

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

Mohit Industries's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	1.835	/	-12.899
	=	-14.23 %

Mohit Industries's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-2.61	/	-6.797
	=	38.40 %

Mohit Industries Tax Rate % Related Terms

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Mohit Industries (BOM:531453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mohit Industries Ltd (BOM:531453) » Definitions » Tax Rate %

Traded in Other Exchanges

MOHITIND:India

Address

Majura Gate, Ring Road, A-601/B, International Trade Centre, Surat, GJ, IND, 395002

Website

https://www.mohitindustries.com

Mohit Industries Ltd is an India-based company engaged in the manufacturing of Yarns and Textile products. The company is engaged in the manufacture of texturized yarn from partially oriented yarn (POY) and the weaving of the yarn to grey cloth. It exports DTY Yarn to South Korea, Thailand, the Czech Republic, Guatemala, Bulgaria, Indonesia, Japan, Vietnam, Malaysia, Mexico, Colombia, UK, Bangladesh, Sweden, Ethiopia and other countries.

Mohit Industries (BOM:531453) Headlines

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