SBI Cards and Payment Services (BOM:543066) Tax Rate % : 25.42% (As of Mar. 2024)

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What is SBI Cards and Payment Services Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SBI Cards and Payment Services's Tax Expense for the three months ended in Mar. 2024 was ₹2,258 Mil. SBI Cards and Payment Services's Pre-Tax Income for the three months ended in Mar. 2024 was ₹8,882 Mil. Therefore, SBI Cards and Payment Services's Tax Rate % for the quarter that ended in Mar. 2024 was 25.42%.

SBI Cards and Payment Services Tax Rate % Historical Data

The historical data trend for SBI Cards and Payment Services'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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SBI Cards and Payment Services Tax Rate % Chart

SBI Cards and Payment Services Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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28.03

25.63

25.60

25.48

25.49

SBI Cards and Payment Services 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															25.41	25.52	25.50	25.56	25.42

SBI Cards and Payment Services Tax Rate % Calculation

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

SBI Cards and Payment Services'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 )
	=	8239.2	/	32318
	=	25.49 %

SBI Cards and Payment Services'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 )
	=	2257.8	/	8881.7
	=	25.42 %

SBI Cards and Payment Services Tax Rate % Related Terms

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SBI Cards and Payment Services (BOM:543066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SBI Cards and Payment Services Ltd (BOM:543066) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SBICARD:India

Address

DLF Cyber City, Block 2 Building 3, DLF Phase 2, 2nd Floor, Tower-B, Infinity Towers, Gurugram, HR, IND, 122 002

Website

https://www.sbicard.com

SBI Cards and Payment Services Ltd is a credit card issuer in India. The company offers a credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel and fuel, shopping, banking partnership cards, and corporate cards covering all cardholder segments in terms of income profiles and lifestyles. It offers four primary SBI Card-branded credit cards SimplySave, SimplyClick, Prime, and Elite, each catering to a varying set of cardholder needs. The Company earns revenue from selling credit card memberships to card holders, income earned from the provision of membership services.

SBI Cards and Payment Services (BOM:543066) Headlines

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