Dredging of India (NSE:DREDGECORP) Tax Rate % : 1.73% (As of Dec. 2023)

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What is Dredging of India Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Dredging of India's Tax Expense for the three months ended in Dec. 2023 was ₹5 Mil. Dredging of India's Pre-Tax Income for the three months ended in Dec. 2023 was ₹277 Mil. Therefore, Dredging of India's Tax Rate % for the quarter that ended in Dec. 2023 was 1.73%.

Dredging of India Tax Rate % Historical Data

The historical data trend for Dredging of India'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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Dredging of India Tax Rate % Chart

Dredging of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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12.33

58.90

-1.07

25.19

9.22

Dredging of India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															2.58	-2.65	3.23	3.98	1.73

Dredging of India Tax Rate % Calculation

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

Dredging of India'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 )
	=	12.759	/	138.338
	=	9.22 %

Dredging of India'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 )
	=	4.8	/	277.055
	=	1.73 %

Dredging of India Tax Rate % Related Terms

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Dredging of India (NSE:DREDGECORP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dredging Corp of India Ltd (NSE:DREDGECORP) » Definitions » Tax Rate %

Traded in Other Exchanges

523618:India

Address

HB Colony Main Road, Dredge House, Seethammadhara, Visakhapatnam, AP, IND, 530022

Website

https://www.dredge-india.com

Dredging Corp of India Ltd is an Indian-based company engaged in providing the services of Capital Dredging, Maintenance Dredging, Beach Nourishment, Land Reclamation, Shallow water Dredging, Project Management Consultancy, and Marine Construction. It provides dredging services to ports, the Indian Navy, fishing harbors, and other maritime organizations. It operates in a single segment of dredging services and generates its income from such services.

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