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The Federal Bank (NSE:FEDERALBNK) Tax Rate % : 24.97% (As of Mar. 2024)


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What is The Federal Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Federal Bank's Tax Expense for the three months ended in Mar. 2024 was ₹3,237 Mil. The Federal Bank's Pre-Tax Income for the three months ended in Mar. 2024 was ₹12,960 Mil. Therefore, The Federal Bank's Tax Rate % for the quarter that ended in Mar. 2024 was 24.97%.


The Federal Bank Tax Rate % Historical Data

The historical data trend for The Federal Bank'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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The Federal Bank Tax Rate % Chart

The Federal Bank 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 24.62 25.42 25.73 25.50 25.35

The Federal Bank 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 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 25.94 25.84 25.51 25.11 24.97

The Federal Bank Tax Rate % Calculation

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

The Federal Bank'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 )
=13334.7/52610
=25.35 %

The Federal Bank'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 )
=3236.5/12960.4
=24.97 %

* 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.


The Federal Bank Tax Rate % Related Terms

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The Federal Bank (NSE:FEDERALBNK) Business Description

Traded in Other Exchanges
Address
Federal Towers, P O Box No 103, Aluva, Ernakulam, KL, IND, 683 101
The Federal Bank Ltd is an India-based commercial banking company. The company operates through a network of branches and ATMs across India. The company's business segments consist of the treasury segment, which includes trading and investments in bonds, equities, and mutual funds, derivatives trading, and foreign exchange operations; the corporate/wholesale banking segment, which offers loans and other banking services to corporate and other large clients; the retail banking segment, which provides lending and other banking services to individuals and small-business clients; and other banking operations, which contains para banking activities and other banking transactions. The company generates the majority of its revenue from the Indian market.

The Federal Bank (NSE:FEDERALBNK) Headlines

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