GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » India Grid Trust (BOM:540565) » Definitions » Tax Rate %

India Grid Trust (BOM:540565) Tax Rate % : -5.74% (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is India Grid Trust Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. India Grid Trust's Tax Expense for the three months ended in Sep. 2023 was ₹-21 Mil. India Grid Trust's Pre-Tax Income for the three months ended in Sep. 2023 was ₹368 Mil. Therefore, India Grid Trust's Tax Rate % for the quarter that ended in Sep. 2023 was -5.74%.


India Grid Trust Tax Rate % Historical Data

The historical data trend for India Grid Trust'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.

* Premium members only.

India Grid Trust Tax Rate % Chart

India Grid Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 0.41 -1.15 2.23 1.72 0.64

India Grid Trust Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.90 2.56 5.69 -10.26 -5.74

India Grid Trust Tax Rate % Calculation

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

India Grid Trust'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 )
=29.79/4687.58
=0.64 %

India Grid Trust's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=-21.12/367.79
=-5.74 %

* 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.


India Grid Trust Tax Rate % Related Terms

Thank you for viewing the detailed overview of India Grid Trust's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


India Grid Trust (BOM:540565) Business Description

Traded in Other Exchanges
Address
Off CST Road, Vidyanagari Marg, Unit No. 101, First Floor, Windsor, Village KoleKalyan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. Its asset portfolio comprises nine power transmission projects located across 18 states and 1 union territory in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines.

India Grid Trust (BOM:540565) Headlines

No Headlines