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Oil & Natural Gas (BOM:500312) Tax Rate % : 24.37% (As of Mar. 2024)


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What is Oil & Natural Gas Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Oil & Natural Gas's Tax Expense for the three months ended in Mar. 2024 was ₹40,009 Mil. Oil & Natural Gas's Pre-Tax Income for the three months ended in Mar. 2024 was ₹164,170 Mil. Therefore, Oil & Natural Gas's Tax Rate % for the quarter that ended in Mar. 2024 was 24.37%.

Oil & Natural Gas Tax Rate % Historical Data

The historical data trend for Oil & Natural Gas'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.

Oil & Natural Gas Tax Rate % Chart

Oil & Natural Gas 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 39.58 29.10 8.87 23.91 25.71

Oil & Natural Gas 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 8.27 26.78 25.39 25.96 24.37

Oil & Natural Gas Tax Rate % Calculation

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

Oil & Natural Gas'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 )
=197592.3/768600.7
=25.71 %

Oil & Natural Gas'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 )
=40008.9/164169.8
=24.37 %

* 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.

Oil & Natural Gas Tax Rate % Related Terms

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Oil & Natural Gas (BOM:500312) Business Description

Industry
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Traded in Other Exchanges
ONGC:India
Address
Plot No. 5A-5B, Nelson Mandela Road, Deendayal Urja Bhawan, Vasant Kunj, New Delhi, IND, 110070
Website
https://www.ongcindia.com
Oil & Natural Gas Corp Ltd is an Indian-based company. It engages in the exploration, development, and production of oil and natural gas. The company operates onshore and offshore fields globally through joint ventures and partnerships. Crude oil production has been the lead revenue generator, with Russian assets providing the most production. Apart from the exploration and production operations, it engages in the transportation and refining of hydrocarbon products. Oil and Natural Gas Corp carries out its business as a public sector undertaking for the Government of India.

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