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MMP Industries (NSE:MMP) Tax Rate % : 20.71% (As of Dec. 2023)


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What is MMP Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MMP Industries's Tax Expense for the three months ended in Dec. 2023 was ₹23 Mil. MMP Industries's Pre-Tax Income for the three months ended in Dec. 2023 was ₹113 Mil. Therefore, MMP Industries's Tax Rate % for the quarter that ended in Dec. 2023 was 20.71%.

MMP Industries Tax Rate % Historical Data

The historical data trend for MMP Industries'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.

MMP Industries Tax Rate % Chart

MMP Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.04 23.97 22.39 21.76 22.06

MMP Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 21.41 23.46 21.34 19.25 20.71

MMP Industries Tax Rate % Calculation

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

MMP Industries's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=60.335/273.541
=22.06 %

MMP Industries's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=23.318/112.615
=20.71 %

* 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.

MMP Industries Tax Rate % Related Terms

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MMP Industries (NSE:MMP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMP Industries Ltd (NSE:MMP) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
B-24, Hingna Road, MIDC Area, Hingna Industrial Estate, Hingna, Nagpur, MH, IND, 440016
Website
https://www.mmpil.com
MMP Industries Ltd is an Indian company engaged in manufacturing aluminum powders, aluminum pastes, and aluminum conductors. The products of the company are used in the construction industry. Its segments are Aluminium Powder and Paste; Aluminium Foil, Aluminium Conductor and Others. The business is spread across Europe, the Middle East, Africa and the Asia Pacific. The company generates the majority of its revenue from the Aluminium Powder and Paste segment.