G G Automotive Gears (BOM:531399) Tax Rate % : 53.41% (As of Mar. 2024)

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What is G G Automotive Gears Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. G G Automotive Gears's Tax Expense for the three months ended in Mar. 2024 was ₹14.2 Mil. G G Automotive Gears's Pre-Tax Income for the three months ended in Mar. 2024 was ₹26.6 Mil. Therefore, G G Automotive Gears's Tax Rate % for the quarter that ended in Mar. 2024 was 53.41%.

G G Automotive Gears Tax Rate % Historical Data

The historical data trend for G G Automotive Gears'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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G G Automotive Gears Tax Rate % Chart

G G Automotive Gears Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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41.70

15.69

0.34

-6.96

30.24

G G Automotive Gears 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															-131.41	15.46	12.90	12.80	53.41

G G Automotive Gears Tax Rate % Calculation

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

G G Automotive Gears'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 )
	=	19.215	/	63.535
	=	30.24 %

G G Automotive Gears'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 )
	=	14.215	/	26.613
	=	53.41 %

G G Automotive Gears Tax Rate % Related Terms

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G G Automotive Gears (BOM:531399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » G G Automotive Gears Ltd (BOM:531399) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

A.B. Road, Plot Number 2-A, I. S. Gajra Industrial Area-1, Dewas, MP, IND, 455 001

Website

https://ggautomotive.com

G G Automotive Gears Ltd is an India-based company. It is engaged in designing, manufacturing, supplying, and servicing Gears, Pinions, and Gearboxes. Geographically, it operates and derives revenue from India. The company's product portfolio includes Railway Gears & Shafts, Forged Components & Machined Blanks, Industrial Gears & Gearboxes, Internal rings, Mining & Earth-moving Equipment Spares, Reduction gearboxes, Worm gears, and others.

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