Rane (Madras) (BOM:532661) Tax Rate % : 19.08% (As of Mar. 2024)

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What is Rane (Madras) Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rane (Madras)'s Tax Expense for the three months ended in Mar. 2024 was ₹-22 Mil. Rane (Madras)'s Pre-Tax Income for the three months ended in Mar. 2024 was ₹-116 Mil. Therefore, Rane (Madras)'s Tax Rate % for the quarter that ended in Mar. 2024 was 19.08%.

Rane (Madras) Tax Rate % Historical Data

The historical data trend for Rane (Madras)'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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Rane (Madras) Tax Rate % Chart

Rane (Madras) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-2.20

-10.22

58.25

48.65

102.95

Rane (Madras) 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															31.42	-7.42	119.67	29.43	19.08

Rane (Madras) Tax Rate % Calculation

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

Rane (Madras)'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 )
	=	-1055.3	/	-1025.1
	=	102.95 %

Rane (Madras)'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 )
	=	-22.1	/	-115.8
	=	19.08 %

Rane (Madras) Tax Rate % Related Terms

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Rane (Madras) (BOM:532661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane (Madras) Ltd (BOM:532661) » Definitions » Tax Rate %

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Traded in Other Exchanges

RML:India

Address

154, Velachery Road, Ganapathi Buildings, Chennai, TN, IND, 600 042

Website

http://www.ranegroup.com

Rane (Madras) Ltd provides components for the transportation industry. The company is a manufacturer of steering and suspension linkages products, steering gear products and other articles of aluminum die casting products. It operates through two divisions: steering and linkages division and Light Metal Castings division. The Company's steering and linkages division manufacture manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. The Company's Light Metal Castings division manufactures low porosity, high-quality aluminum die-castings such as steering housings and engine case covers. The Company is a supplier to manufacturers of passenger cars, utility vehicles and farm tractors across the globe.

Rane (Madras) (BOM:532661) Headlines

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