Afloat Enterprises (BOM:543377) Tax Rate % : -118.28% (As of Mar. 2024)

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What is Afloat Enterprises Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Afloat Enterprises's Tax Expense for the six months ended in Mar. 2024 was ₹0.54 Mil. Afloat Enterprises's Pre-Tax Income for the six months ended in Mar. 2024 was ₹-0.45 Mil. Therefore, Afloat Enterprises's Tax Rate % for the quarter that ended in Mar. 2024 was -118.28%.

Afloat Enterprises Tax Rate % Historical Data

The historical data trend for Afloat 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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Afloat Enterprises Tax Rate % Chart

Afloat Enterprises Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-127.66

35.85

145.77

24.59

66.06

Afloat Enterprises Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Tax Rate %	Get a 7-Day Free Trial				-44.16	81.77	-48.47	0.31	-118.28

Afloat Enterprises Tax Rate % Calculation

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

Afloat 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 )
	=	0.541	/	0.819
	=	66.06 %

Afloat 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 )
	=	0.537	/	-0.454
	=	-118.28 %

Afloat Enterprises Tax Rate % Related Terms

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Afloat Enterprises (BOM:543377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Afloat Enterprises Ltd (BOM:543377) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aggarwal Plaza, Plot 3, Shop 325, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085

Website

https://www.adishaktiloha.com

Afloat Enterprises Ltd is engaged in the business of trading metals with its core focus on trading in Iron and Steel.

Afloat Enterprises (BOM:543377) Headlines

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