Indostar Capital Finance (BOM:541336) Tax Rate % : 10.07% (As of Mar. 2024)

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What is Indostar Capital Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Indostar Capital Finance's Tax Expense for the three months ended in Mar. 2024 was ₹40 Mil. Indostar Capital Finance's Pre-Tax Income for the three months ended in Mar. 2024 was ₹392 Mil. Therefore, Indostar Capital Finance's Tax Rate % for the quarter that ended in Mar. 2024 was 10.07%.

Indostar Capital Finance Tax Rate % Historical Data

The historical data trend for Indostar Capital 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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Indostar Capital Finance Tax Rate % Chart

Indostar Capital Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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25.66

2.19

17.83

5.65

10.64

Indostar Capital 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															1.73	6.51	16.57	11.63	10.07

Indostar Capital Finance Tax Rate % Calculation

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

Indostar Capital 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 )
	=	138	/	1296.4
	=	10.64 %

Indostar Capital 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 )
	=	39.5	/	392.2
	=	10.07 %

Indostar Capital Finance Tax Rate % Related Terms

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Indostar Capital Finance (BOM:541336) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indostar Capital Finance Ltd (BOM:541336) » Definitions » Tax Rate %

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INDOSTAR:India

Address

Andheri- Ghatkopar Link Road, Unit No. 505, 5th Floor, Wing 2/E, Corporate Avenue, Chakala, Andheri (East), Mumbai, MH, IND, 400099

Website

https://www.indostarcapital.com

Indostar Capital Finance Ltd is a non-banking finance company. It is primarily engaged in providing bespoke Indian rupee denominated structured term financing solutions to corporate and loans to small and medium enterprise borrowers in India. The company operates four principal lines of business namely: Corporate lending, Small and Medium enterprise lending, Commercial vehicle lending, and Housing finance. It generally derives revenue in the form of fees and commission income, interest income on the loan portfolio, deposits with banks, investments in PTCs, and debt instruments. Geographically, the group generates key revenue from India.

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