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NMDC Steel (BOM:543768) Tax Rate % : 29.47% (As of Mar. 2024)


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What is NMDC Steel Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NMDC Steel's Tax Expense for the six months ended in Mar. 2024 was ₹-5,971 Mil. NMDC Steel's Pre-Tax Income for the six months ended in Mar. 2024 was ₹-20,264 Mil. Therefore, NMDC Steel's Tax Rate % for the quarter that ended in Mar. 2024 was 29.47%.


NMDC Steel Tax Rate % Historical Data

The historical data trend for NMDC Steel'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.

* Premium members only.

NMDC Steel Tax Rate % Chart

NMDC Steel Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial - - - - 29.11

NMDC Steel Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only - - - 24.94 29.47

NMDC Steel Tax Rate % Calculation

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

NMDC Steel'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 )
=-6407/-22010.2
=29.11 %

NMDC Steel'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 )
=-5971.4/-20263.6
=29.47 %

* 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.


NMDC Steel Tax Rate % Related Terms

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NMDC Steel (BOM:543768) Business Description

Traded in Other Exchanges
Address
Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad, TG, IND, 500028
NMDC Steel Ltd owns and operates mechanized iron ore mines. The company is producing about 35 MTPA of iron ore from its major iron-producing units in Bailadila Sector in Chhattisgarh and Donimalai.

NMDC Steel (BOM:543768) Headlines

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