Torrent Pharmaceuticals (NSE:TORNTPHARM) Tax Rate % : 29.79% (As of Dec. 2023)

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What is Torrent Pharmaceuticals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Torrent Pharmaceuticals's Tax Expense for the three months ended in Dec. 2023 was ₹1,880 Mil. Torrent Pharmaceuticals's Pre-Tax Income for the three months ended in Dec. 2023 was ₹6,310 Mil. Therefore, Torrent Pharmaceuticals's Tax Rate % for the quarter that ended in Dec. 2023 was 29.79%.

Torrent Pharmaceuticals Tax Rate % Historical Data

The historical data trend for Torrent Pharmaceuticals'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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Torrent Pharmaceuticals Tax Rate % Chart

Torrent Pharmaceuticals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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22.32

13.64

17.98

36.60

32.59

Torrent Pharmaceuticals 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															30.31	33.69	28.81	30.95	29.79

Torrent Pharmaceuticals Tax Rate % Calculation

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

Torrent Pharmaceuticals'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 )
	=	6019.3	/	18471.6
	=	32.59 %

Torrent Pharmaceuticals'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 )
	=	1880	/	6310
	=	29.79 %

Torrent Pharmaceuticals Tax Rate % Related Terms

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Torrent Pharmaceuticals (NSE:TORNTPHARM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Torrent Pharmaceuticals Ltd (NSE:TORNTPHARM) » Definitions » Tax Rate %

Traded in Other Exchanges

500420:India

Address

Off Ashram Road, Torrent House, Ahmedabad, GJ, IND, 380009

Website

https://www.torrentpharma.com

Torrent Pharmaceuticals Ltd is a drug manufacturing company with a focus on the cardiovascular, central nervous system, and gastrointestinal therapeutic areas. It operates through Generic Formulation Business segments. Geographically, the business activities are carried out across Indian and International markets.

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