Abbott India (BOM:500488) Tax Rate % : 26.34% (As of Mar. 2024)

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What is Abbott India Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Abbott India's Tax Expense for the three months ended in Mar. 2024 was ₹1,026 Mil. Abbott India's Pre-Tax Income for the three months ended in Mar. 2024 was ₹3,896 Mil. Therefore, Abbott India's Tax Rate % for the quarter that ended in Mar. 2024 was 26.34%.

Abbott India Tax Rate % Historical Data

The historical data trend for Abbott India'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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Abbott India Tax Rate % Chart

Abbott India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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26.13

25.41

26.03

25.47

25.75

Abbott India 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															24.96	25.67	24.67	26.34	26.34

Abbott India Tax Rate % Calculation

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

Abbott India'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 )
	=	4165.3	/	16177
	=	25.75 %

Abbott India'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 )
	=	1026.2	/	3896.3
	=	26.34 %

Abbott India Tax Rate % Related Terms

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Abbott India (BOM:500488) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Abbott India Ltd (BOM:500488) » Definitions » Tax Rate %

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ABBOTINDIA:India

Address

15-16th Floor, Godrej BKC, Plot C-68, G Block, Near MCA Club, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.abbott.co.in

Abbott India Ltd is a major drug manufacturing company that offers products offerings in diagnostics, medical devices, nutritionals, and branded generic pharmaceuticals. The vast majority of the company's revenue is generated in the India. The company's patient focus centers overwhelmingly toward women's health and gastrointestine, gastroenterology, and hepatic care. The company expects an increased use of collaboration with strategic partners as a component of its growth strategy.

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