Asian Paints (NSE:ASIANPAINT) Tax Rate % : 21.48% (As of Mar. 2024)

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What is Asian Paints Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Asian Paints's Tax Expense for the three months ended in Mar. 2024 was ₹3,488 Mil. Asian Paints's Pre-Tax Income for the three months ended in Mar. 2024 was ₹16,241 Mil. Therefore, Asian Paints's Tax Rate % for the quarter that ended in Mar. 2024 was 21.48%.

Asian Paints Tax Rate % Historical Data

The historical data trend for Asian Paints'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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Asian Paints Tax Rate % Chart

Asian Paints Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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23.52

25.50

26.34

26.25

24.36

Asian Paints 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															26.40	25.18	25.35	25.03	21.48

Asian Paints Tax Rate % Calculation

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

Asian Paints'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 )
	=	17900.8	/	73477.7
	=	24.36 %

Asian Paints'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 )
	=	3487.9	/	16240.9
	=	21.48 %

Asian Paints Tax Rate % Related Terms

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Asian Paints (NSE:ASIANPAINT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asian Paints Ltd (NSE:ASIANPAINT) » Definitions » Tax Rate %

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500820:India

Address

Asian Paints House, 6A, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055

Website

https://www.asianpaints.com

Asian Paints Ltd manufactures and sells a variety of paint and home improvement products. The firm organizes itself into two segments based on product type. The paints segment, which generates the vast majority of revenue, sells interior and exterior paints, metal finish, and wood finish. The home improvement segment sells kitchen and bathroom products. Asian Paints sells its products to distributors and directly to the home improvement industry through the company's network of retail stores. The majority of revenue comes from India.

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