Cholamandalam Financial Holdings (BOM:504973) Tax Rate % : 27.33% (As of Mar. 2024)

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What is Cholamandalam Financial Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cholamandalam Financial Holdings's Tax Expense for the three months ended in Mar. 2024 was ₹4,302 Mil. Cholamandalam Financial Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was ₹15,739 Mil. Therefore, Cholamandalam Financial Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 27.33%.

Cholamandalam Financial Holdings Tax Rate % Historical Data

The historical data trend for Cholamandalam Financial Holdings'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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Cholamandalam Financial Holdings Tax Rate % Chart

Cholamandalam Financial Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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35.55

26.51

26.33

26.37

26.12

Cholamandalam Financial Holdings 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															27.74	25.44	26.77	24.67	27.33

Cholamandalam Financial Holdings Tax Rate % Calculation

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

Cholamandalam Financial Holdings'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 )
	=	13613.5	/	52119.1
	=	26.12 %

Cholamandalam Financial Holdings'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 )
	=	4301.7	/	15739.2
	=	27.33 %

Cholamandalam Financial Holdings Tax Rate % Related Terms

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Cholamandalam Financial Holdings (BOM:504973) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Cholamandalam Financial Holdings Ltd (BOM:504973) » Definitions » Tax Rate %

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Traded in Other Exchanges

CHOLAHLDNG:India

Address

No. 234, NSC Bose Road, Dare House, Chennai, TN, IND, 600 001

Website

https://www.cholafhl.com

Cholamandalam Financial Holdings Ltd along with its subsidiaries is a diversified investment company under the Murugappa Group. It offers financial services that include general insurance, residential mortgages, auto loans, risk services, and non-banking financial services. The company's activities are located exclusively in India. It has two primary products/service segments which are Financial Services and Insurance and allied services.

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