Nishat Mills (KAR:NML) Tax Rate % : 41.89% (As of Mar. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Nishat Mills Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nishat Mills's Tax Expense for the three months ended in Mar. 2024 was ₨1,468 Mil. Nishat Mills's Pre-Tax Income for the three months ended in Mar. 2024 was ₨3,504 Mil. Therefore, Nishat Mills's Tax Rate % for the quarter that ended in Mar. 2024 was 41.89%.

Nishat Mills Tax Rate % Historical Data

The historical data trend for Nishat 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.

* Premium members only.

Nishat Mills Tax Rate % Chart

Nishat Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

Get a 7-Day Free Trial

12.12

8.73

14.62

23.81

25.82

Nishat 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															16.79	82.38	20.45	39.17	41.89

Nishat Mills Tax Rate % Calculation

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

Nishat 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 )
	=	4628.857	/	17928.179
	=	25.82 %

Nishat 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 )
	=	1467.66	/	3503.756
	=	41.89 %

Nishat Mills Tax Rate % Related Terms

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

Nishat Mills (KAR:NML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nishat Mills Ltd (KAR:NML) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7, Main Gulberg, Lahore, PB, PAK, 54660

Website

https://www.nishatmillsltd.com

Nishat Mills Ltd is a textile manufacturing firm in Pakistan. The firm produces cotton and also owns the weaving facility in Pakistan catering to home textile and apparel fabrics. The company conducts its activities through multiple segments such as Spinning, Weaving, Dyeing, Home Textile and Terry, Garments and Power Generation. Its processing facilities are specially made to handle heavyweight fabrics like twills, drills, canvases/poplins, fabrics with minimum tension such as stretch fabrics and all high-density weaves. The business also exports to Europe, the United States of America, Asia, Africa and Australia. The firm caters to domestic and international markets.