IIFL Finance (BOM:532636) Tax Rate % : 23.89% (As of Dec. 2023)

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What is IIFL Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IIFL Finance's Tax Expense for the three months ended in Dec. 2023 was ₹1,711 Mil. IIFL Finance's Pre-Tax Income for the three months ended in Dec. 2023 was ₹7,163 Mil. Therefore, IIFL Finance's Tax Rate % for the quarter that ended in Dec. 2023 was 23.89%.

IIFL Finance Tax Rate % Historical Data

The historical data trend for IIFL 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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IIFL Finance Tax Rate % Chart

IIFL Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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29.58

30.57

24.28

22.64

23.90

IIFL Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															23.77	22.97	23.53	23.11	23.89

IIFL Finance Tax Rate % Calculation

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

IIFL Finance's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	5049.7	/	21125.2
	=	23.90 %

IIFL Finance's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1711.3	/	7163.2
	=	23.89 %

IIFL Finance Tax Rate % Related Terms

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IIFL Finance (BOM:532636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IIFL Finance Ltd (BOM:532636) » Definitions » Tax Rate %

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IIFL:India

Address

N.S. Phadke Marg, 802, 8 th Floor, Hub Town Solaris, Vijay Nagar, Andheri East, Mumbai, MH, IND, 400069

Website

https://www.iifl.com

IIFL Finance Ltd and its subsidiaries provide financial services in India. The company is based in India and generates all revenue domestically. It operates under two primary business units: core products and synergistic products. Core products account for the firm's offerings of home loans, gold loans, business loans, and microfinance solutions. Synergistic products involve the company's operations in capital markets, construction, and real estate. Home loans and business loans together make up the operating component of its product offerings.

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