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Akshar Spintex (NSE:AKSHAR) Tax Rate % : 37.10% (As of Mar. 2024)


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What is Akshar Spintex Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Akshar Spintex's Tax Expense for the three months ended in Mar. 2024 was ₹6 Mil. Akshar Spintex's Pre-Tax Income for the three months ended in Mar. 2024 was ₹15 Mil. Therefore, Akshar Spintex's Tax Rate % for the quarter that ended in Mar. 2024 was 37.10%.


Akshar Spintex Tax Rate % Historical Data

The historical data trend for Akshar Spintex'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.

Akshar Spintex Tax Rate % Chart

Akshar Spintex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.49 781.20 27.31 34.02 31.12

Akshar Spintex Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -104.03 28.77 28.39 28.32 37.10

Akshar Spintex Tax Rate % Calculation

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

Akshar Spintex'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 )
=15.609/50.16
=31.12 %

Akshar Spintex'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 )
=5.648/15.223
=37.10 %

* 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.


Akshar Spintex Tax Rate % Related Terms

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Akshar Spintex (NSE:AKSHAR) Business Description

Traded in Other Exchanges
Address
150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

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