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Jio Financial Services (BOM:543940) Tax Rate % : 22.98% (As of Dec. 2023)


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What is Jio Financial Services Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jio Financial Services's Tax Expense for the three months ended in Dec. 2023 was ₹877 Mil. Jio Financial Services's Pre-Tax Income for the three months ended in Dec. 2023 was ₹3,815 Mil. Therefore, Jio Financial Services's Tax Rate % for the quarter that ended in Dec. 2023 was 22.98%.

Jio Financial Services Tax Rate % Historical Data

The historical data trend for Jio Financial Services'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.

Jio Financial Services Tax Rate % Chart

Jio Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only -8.89 -18.63 -4.24 4.99 36.66

Jio Financial Services Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only - - - 11.43 22.98

Jio Financial Services Tax Rate % Calculation

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

Jio Financial Services'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 )
=180.9/493.4
=36.66 %

Jio Financial Services'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 )
=876.7/3814.9
=22.98 %

* 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.

Jio Financial Services Tax Rate % Related Terms

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Jio Financial Services (BOM:543940) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Jio Financial Services Ltd (BOM:543940) » Definitions » Tax Rate %
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BOM:500490 BOM:541729 BOM:540767 BOM:542772 BOM:532659 BOM:543374 BOM:543988 BOM:543238 BOM:543415 BOM:542543 BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
JIOFIN:India
Address
222 Nariman Point, 9th Floor, Maker Chambers 4, Mumbai, MH, IND, 400021
Website
https://www.jfs.in
Jio Financial Services Ltd operates as an investment company. The Company is a registered Non-Banking Financial Company - Systemically Important Non-Deposit taking Company. The company is engaged in the business of finance, trading in futures and options, trading/investments in shares and securities in India.

Jio Financial Services (BOM:543940) Headlines

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