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ReNew Energy Global (ReNew Energy Global) Tax Rate % : 1.17% (As of Dec. 2023)


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What is ReNew Energy Global Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ReNew Energy Global's Tax Expense for the three months ended in Dec. 2023 was $-0 Mil. ReNew Energy Global's Pre-Tax Income for the three months ended in Dec. 2023 was $-39 Mil. Therefore, ReNew Energy Global's Tax Rate % for the quarter that ended in Dec. 2023 was 1.17%.

ReNew Energy Global Tax Rate % Historical Data

The historical data trend for ReNew Energy Global'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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ReNew Energy Global Tax Rate % Chart

ReNew Energy Global Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
36.49 -346.39 -56.63 -31.84 -103.60

ReNew Energy Global Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.84 110.27 35.07 20.09 1.17

ReNew Energy Global Tax Rate % Calculation

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

ReNew Energy Global'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 )
=31.106/-30.024
=-103.60 %

ReNew Energy Global'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 )
=-0.456/-39.085
=1.17 %

* 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.

ReNew Energy Global Tax Rate % Related Terms

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ReNew Energy Global (ReNew Energy Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReNew Energy Global PLC (NAS:RNW) » Definitions » Tax Rate %
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Traded in Other Exchanges
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Address
C/o Vistra (UK) Ltd., 4th Floor 11-12 St. James’ Square, London, GBR, SW1Y 4LB
Website
https://www.renewpower.in
ReNew Energy Global PLC is a Developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The Company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change.