Gul Ahmed Textile Mills (KAR:GATM) Tax Rate % : 30.24% (As of Mar. 2024)

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What is Gul Ahmed Textile Mills Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gul Ahmed Textile Mills's Tax Expense for the three months ended in Mar. 2024 was ₨513 Mil. Gul Ahmed Textile Mills's Pre-Tax Income for the three months ended in Mar. 2024 was ₨1,698 Mil. Therefore, Gul Ahmed Textile Mills's Tax Rate % for the quarter that ended in Mar. 2024 was 30.24%.

Gul Ahmed Textile Mills Tax Rate % Historical Data

The historical data trend for Gul Ahmed Textile Mills'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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Gul Ahmed Textile Mills Tax Rate % Chart

Gul Ahmed Textile Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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9.93

-180.69

16.60

15.83

30.00

Gul Ahmed Textile Mills 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															33.08	20.54	51.08	44.52	30.24

Gul Ahmed Textile Mills Tax Rate % Calculation

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

Gul Ahmed Textile Mills's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	2098.816	/	6996.301
	=	30.00 %

Gul Ahmed Textile Mills'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 )
	=	513.398	/	1697.672
	=	30.24 %

Gul Ahmed Textile Mills Tax Rate % Related Terms

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Gul Ahmed Textile Mills (KAR:GATM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gul Ahmed Textile Mills Ltd (KAR:GATM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No.H-7, Landhi Industrial Area, Landhi, Karachi, SD, PAK, 75120

Website

https://www.gulahmed.com

Gul Ahmed Textile Mills Ltd is engaged in the manufacturing and selling of textile products. The company's segments are Spinning which includes the production of different yarn using natural and artificial fibers, Weaving segment caters to in-house requirements for home textile, retail and distribution, and apparel division, Retail and Distribution segment is involved in retail sales through a chain of IDEAS retails outlets and its distribution channels. and Processing, Home Textile and Apparel segment deals in processing greige fabrics into various types of finished fabrics. It generates a majority of its revenue from the Home Textile segment.

Gul Ahmed Textile Mills (KAR:GATM) Headlines

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