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SVMH (SRIVARU Holding) Tax Rate % : -0.23% (As of Mar. 2024)


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What is SRIVARU Holding Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SRIVARU Holding's Tax Expense for the six months ended in Mar. 2024 was $0.03 Mil. SRIVARU Holding's Pre-Tax Income for the six months ended in Mar. 2024 was $-11.46 Mil. Therefore, SRIVARU Holding's Tax Rate % for the quarter that ended in Mar. 2024 was -0.23%.

SRIVARU Holding Tax Rate % Historical Data

The historical data trend for SRIVARU Holding'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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SRIVARU Holding Tax Rate % Chart

SRIVARU Holding Annual Data
Trend Mar22 Mar23 Mar24
Tax Rate %
- -10.47 -0.23

SRIVARU Holding Semi-Annual Data
Mar22 Mar23 Mar24
Tax Rate % - -10.47 -0.23

SRIVARU Holding Tax Rate % Calculation

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

SRIVARU Holding'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 )
=0.026/-11.456
=-0.23 %

SRIVARU Holding'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 )
=0.026/-11.456
=-0.23 %

* 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.

SRIVARU Holding Tax Rate % Related Terms

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SRIVARU Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SRIVARU Holding Ltd (NAS:SVMH) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
West Bay Road, P.O. Box 10655, 2nd floor, Regatta Office park, Grand Cayman, CYM, KY1-1106
Website
https://www.svmh.ai
SRIVARU Holding Ltd focuses to revolutionize two-wheeled vehicles (TWV) by developing products powered by renewable energy, which are assured for safety, performance, and comfort, thereby providing safe riding experience to its customers. It operates in one reportable segment which is vehicle manufacturing. SVH's first product line, the Prana, is a E2W vehicle that is redefining the category. SVH has commenced engineering and design work for the Prana-Elite that is expected to leverage the same platform as the Prana-Grand, while upgrading its range.