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Bajaj Finance (BOM:500034) Tax Rate % : 25.08% (As of Mar. 2024)


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What is Bajaj Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bajaj Finance's Tax Expense for the three months ended in Mar. 2024 was ₹12,806 Mil. Bajaj Finance's Pre-Tax Income for the three months ended in Mar. 2024 was ₹51,051 Mil. Therefore, Bajaj Finance's Tax Rate % for the quarter that ended in Mar. 2024 was 25.08%.

Bajaj Finance Tax Rate % Historical Data

The historical data trend for Bajaj Finance'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.

* Premium members only.

Bajaj Finance Tax Rate % Chart

Bajaj Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.11 26.24 26.05 25.89 25.16

Bajaj Finance 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.89 24.48 25.37 25.67 25.08

Bajaj Finance Tax Rate % Calculation

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

Bajaj Finance'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 )
=48584/193095.7
=25.16 %

Bajaj Finance'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 )
=12805.5/51050.8
=25.08 %

* 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.

Bajaj Finance Tax Rate % Related Terms

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Bajaj Finance (BOM:500034) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Bajaj Finance Ltd (BOM:500034) » Definitions » Tax Rate %
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NSE:CHOLAFIN BOM:543257 BOM:532810 BOM:543066 NSE:SHRIRAMFIN BOM:532955 BOM:533398 NSE:SUNDARMFIN NSE:M&MFIN BOM:533519 V MA AXP PYPL COF TSE:8591 DFS XPAR:EDEN SYF TSE:8593
Traded in Other Exchanges
BAJFINANCE:India
Address
Off Pune-Ahmednagar Road, 4th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Website
https://www.bajajfinserv.in
Bajaj Finance Ltd is the holding company for various financial services businesses under the Bajaj Group, which operates in India. The company services myriad customers by providing solutions for asset acquisition through financing. The company also makes investments in renewable energy through one of its subsidiaries. It operates under a single reportable segment, financing. Among its lending operations, the company is engaged in consumer lending, commercial lending, loans against securities, mortgages, and lending to small and medium enterprises. All of its revenue is generated from India.

Bajaj Finance (BOM:500034) Headlines

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