IIFL Securities (BOM:542773) Tax Rate % : 23.95% (As of Mar. 2024)

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What is IIFL Securities Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IIFL Securities's Tax Expense for the three months ended in Mar. 2024 was ₹569 Mil. IIFL Securities's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,374 Mil. Therefore, IIFL Securities's Tax Rate % for the quarter that ended in Mar. 2024 was 23.95%.

IIFL Securities Tax Rate % Historical Data

The historical data trend for IIFL Securities'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 Securities Tax Rate % Chart

IIFL Securities Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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17.58

22.63

23.94

26.71

24.80

IIFL Securities 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															27.46	27.17	22.85	25.92	23.95

IIFL Securities Tax Rate % Calculation

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

IIFL Securities'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 )
	=	1692.547	/	6826.01
	=	24.80 %

IIFL Securities'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 )
	=	568.758	/	2374.415
	=	23.95 %

IIFL Securities Tax Rate % Related Terms

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IIFL Securities (BOM:542773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IIFL Securities Ltd (BOM:542773) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

IIFLSEC:India

Address

N. S. Phadke Marg, Ground Floor, Hubtown Solaris, Vijay Nagar, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.iiflsecurities.com

IIFL Securities Ltd offers a wide range of financial services. Its business segments consist of Capital market activity, Insurance Broking, Facilities and ancillary, and Others. The company's products include Non-Banking and Housing Finance, Wealth and Asset Management, Financial Advisory and Broking, Mutual Funds and Financial Product Distribution, Investment Banking, Institutional Equities, Realty Broking, and Advisory Services. It generates maximum revenue from the Capital market segment.

IIFL Securities (BOM:542773) Headlines

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