GIC Housing Finance (BOM:511676) Tax Rate % : 32.24% (As of Mar. 2024)

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What is GIC Housing Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GIC Housing Finance's Tax Expense for the three months ended in Mar. 2024 was ₹255 Mil. GIC Housing Finance's Pre-Tax Income for the three months ended in Mar. 2024 was ₹792 Mil. Therefore, GIC Housing Finance's Tax Rate % for the quarter that ended in Mar. 2024 was 32.24%.

GIC Housing Finance Tax Rate % Historical Data

The historical data trend for GIC Housing 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.

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GIC Housing Finance Tax Rate % Chart

GIC Housing Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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59.37

21.54

24.67

26.43

25.87

GIC Housing 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															32.53	24.12	25.70	15.84	32.24

GIC Housing Finance Tax Rate % Calculation

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

GIC Housing 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 )
	=	528.1	/	2041.6
	=	25.87 %

GIC Housing 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 )
	=	255.4	/	792.1
	=	32.24 %

GIC Housing Finance Tax Rate % Related Terms

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GIC Housing Finance (BOM:511676) Business Description

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GICHSGFIN:India

Address

14, Jamshedji Tata Road, 6th Floor, National Insurance Building, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.gichfindia.com

GIC Housing Finance Ltd is a specialty finance firm located in India. It was formed with the objective of entering the field of direct lending to individuals and other corporates to accelerate housing activities in India. The primary activity of the company is granting housing loans to individuals and to persons/entities involved in the construction of houses for residential purposes. The company is exclusively engaged in the housing finance business and revenues are mainly derived from this activity. It operates in a single business segment that is financing.

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