Ascom Leasing & Investments (NSE:ASCOM) Tax Rate % : 25.03% (As of Mar. 2023)

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What is Ascom Leasing & Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ascom Leasing & Investments's Tax Expense for the six months ended in Mar. 2023 was ₹16.6 Mil. Ascom Leasing & Investments's Pre-Tax Income for the six months ended in Mar. 2023 was ₹66.2 Mil. Therefore, Ascom Leasing & Investments's Tax Rate % for the quarter that ended in Mar. 2023 was 25.03%.

Ascom Leasing & Investments Tax Rate % Historical Data

The historical data trend for Ascom Leasing & Investments'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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Ascom Leasing & Investments Tax Rate % Chart

Ascom Leasing & Investments Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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32.74

25.35

25.03

24.65

25.03

Ascom Leasing & Investments Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Tax Rate %	Get a 7-Day Free Trial			32.74	25.35	25.03	24.65	25.03

Ascom Leasing & Investments Tax Rate % Calculation

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

Ascom Leasing & Investments'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 )
	=	16.567	/	66.177
	=	25.03 %

Ascom Leasing & Investments's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2023 )	/	Pre-Tax Income (Q: Mar. 2023 )
	=	16.567	/	66.177
	=	25.03 %

Ascom Leasing & Investments Tax Rate % Related Terms

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Ascom Leasing & Investments (NSE:ASCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ascom Leasing & Investments Ltd (NSE:ASCOM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007

Website

https://www.ascomfinance.com

Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

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