Ratnamani Metals & Tubes (BOM:520111) Tax Rate % : 22.07% (As of Mar. 2024)

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What is Ratnamani Metals & Tubes Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ratnamani Metals & Tubes's Tax Expense for the three months ended in Mar. 2024 was ₹547 Mil. Ratnamani Metals & Tubes's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,478 Mil. Therefore, Ratnamani Metals & Tubes's Tax Rate % for the quarter that ended in Mar. 2024 was 22.07%.

Ratnamani Metals & Tubes Tax Rate % Historical Data

The historical data trend for Ratnamani Metals & Tubes'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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Ratnamani Metals & Tubes Tax Rate % Chart

Ratnamani Metals & Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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24.32

24.06

25.13

26.14

24.47

Ratnamani Metals & Tubes 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															28.12	25.34	25.68	25.45	22.07

Ratnamani Metals & Tubes Tax Rate % Calculation

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

Ratnamani Metals & Tubes'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 )
	=	2025.699	/	8276.704
	=	24.47 %

Ratnamani Metals & Tubes'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 )
	=	546.771	/	2477.927
	=	22.07 %

Ratnamani Metals & Tubes Tax Rate % Related Terms

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Ratnamani Metals & Tubes (BOM:520111) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnamani Metals & Tubes Ltd (BOM:520111) » Definitions » Tax Rate %

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RATNAMANI:India

Address

The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015

Website

https://www.ratnamani.com

Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.

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