Fortis Healthcare (BOM:532843) Tax Rate % : 25.15% (As of Mar. 2024)

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What is Fortis Healthcare Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fortis Healthcare's Tax Expense for the three months ended in Mar. 2024 was ₹682 Mil. Fortis Healthcare's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,714 Mil. Therefore, Fortis Healthcare's Tax Rate % for the quarter that ended in Mar. 2024 was 25.15%.

Fortis Healthcare Tax Rate % Historical Data

The historical data trend for Fortis Healthcare'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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Fortis Healthcare Tax Rate % Chart

Fortis Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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61.78

229.73

20.03

22.21

24.80

Fortis Healthcare 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															24.60	27.40	20.97	26.71	25.15

Fortis Healthcare Tax Rate % Calculation

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

Fortis Healthcare'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 )
	=	2127.5	/	8579.7
	=	24.80 %

Fortis Healthcare'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 )
	=	682.4	/	2713.8
	=	25.15 %

Fortis Healthcare Tax Rate % Related Terms

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Fortis Healthcare (BOM:532843) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Fortis Healthcare Ltd (BOM:532843) » Definitions » Tax Rate %

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FORTIS:India

Address

Tower - A, Unitech Business Park, Block - F, South City 1, Sector - 41, Gurugram, HR, IND, 122001

Website

https://www.fortishealthcare.com

Fortis Healthcare Ltd provides integrated healthcare delivery services in India. The company manages healthcare centers including hospitals, diagnostics, and day care specialty facilities. The company's most prominent specialty in its hospital business is cardiac sciences. The Company is primarily engaged in the business of healthcare services which is the only reportable segment. The company's key hospitals include Fortis Escorts Heart Institute in Dehli, Fortis Mulund in Mumbai, and Fortis Hospital in Bengaluru. A majority of the company's revenue is derived from India.

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