Religare Enterprises (BOM:532915) Tax Rate % : 23.46% (As of Mar. 2024)

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What is Religare Enterprises Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Religare Enterprises's Tax Expense for the three months ended in Mar. 2024 was ₹554 Mil. Religare Enterprises's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,364 Mil. Therefore, Religare Enterprises's Tax Rate % for the quarter that ended in Mar. 2024 was 23.46%.

Religare Enterprises Tax Rate % Historical Data

The historical data trend for Religare Enterprises'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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Religare Enterprises Tax Rate % Chart

Religare Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-0.76

3.95

-49.22

2.76

22.40

Religare Enterprises 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															1.12	17.08	31.57	17.56	23.46

Religare Enterprises Tax Rate % Calculation

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

Religare Enterprises'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 )
	=	1002.749	/	4476.866
	=	22.40 %

Religare Enterprises'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 )
	=	554.498	/	2364.082
	=	23.46 %

Religare Enterprises Tax Rate % Related Terms

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Religare Enterprises (BOM:532915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Religare Enterprises Ltd (BOM:532915) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RELIGARE:India

Address

Dr. Jha Marg, 8th Flooe, Block A, Max House, Phase III, Okhla Industrial Estate, New Delhi, IND, 110020

Website

https://www.religare.com

Religare Enterprises Ltd is an India-based company that is principally engaged in providing diversified financial services, including loans to small and midsize enterprises, affordable housing finance, health insurance, capital markets, and wealth management. The company operates via various subsidiaries and operating entities. It generates around two-thirds of total revenue from investment and financing activity. The company concentrates its business in India, and generates the majority of revenue from the domestic market.

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