IGC Pharma (IGC) Tax Provisions (2010 - 2024)
IGC Pharma's (IGC) quarterly Tax Provisions came in at -$2.7 million in Q1 2024, down 13.0% year-over-year from -$3.1 million in Q2 2023, and down 13.0% quarter-over-quarter from -$2.4 million in Q1 2023.
Analysis
IGC Pharma (IGC) Tax Provisions (2010 - 2024) Analysis & Trends
IGC Pharma (IGC) has reported Tax Provisions for 14 consecutive years, with -$2.7 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Tax Provisions fell 13.0% year-over-year to -$2.7 million in Q1 2024; TTM through Dec 2024 was -$2.7 million, a 13.0% decrease from a year earlier, with the FY2025 full-year figure at -$2.3 million, up 15.57% from the prior year.
- Tax Provisions was -$2.7 million for Q1 2024 at IGC Pharma, down from -$2.4 million in the prior quarter.
- Over five years, Tax Provisions peaked at -$1.8 million in Q1 2021 and troughed at -$3.2 million in Q1 2022.
- A 5-year average of -$2.6 million and a median of -$2.7 million in 2024 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions tumbled 458.72% in 2020 and soared 40.03% in 2021, its largest moves.
- Over 5 years, Tax Provisions stood at -$3.1 million in 2020, then soared by 40.03% to -$1.8 million in 2021, then plunged by 70.43% to -$3.2 million in 2022, then climbed by 23.37% to -$2.4 million in 2023, then retreated by 13.0% to -$2.7 million in 2024.
- The last three Tax Provisions figures came in at -$2.7 million (Q1 2024), -$2.4 million (Q1 2023), and -$3.2 million (Q1 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 393.00 Mn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 242.00 Mn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 292.00 Mn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 230.90 Mn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -59.00 Mn |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 15.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 13.31 Mn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 34.90 Mn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | -3.96 Mn |
| 10 | IGC Pharma | 27.77 Mn | 27.51 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -2.73 Mn |
| Mar 31, 2023 | -2.42 Mn |
| Mar 31, 2022 | -3.15 Mn |
| Mar 31, 2021 | -1.85 Mn |
| Mar 31, 2020 | -3.09 Mn |
| Mar 31, 2019 | 860,000.00 |
| Mar 31, 2017 | -430,717.00 |
| Dec 31, 2016 | 73,000.00 |
| Mar 31, 2016 | -2.61 Mn |
| Dec 31, 2015 | 445,000.00 |
| Mar 31, 2015 | -1.59 Mn |
| Mar 31, 2014 | -1.04 Mn |
| Dec 31, 2013 | 1,885.00 |
| Sep 30, 2013 | 1,507.00 |
| Jun 30, 2013 | 1,596.00 |
| Mar 31, 2013 | -747,187.00 |
| Dec 31, 2012 | -453.00 |
| Sep 30, 2012 | 9,735.00 |
| Jun 30, 2012 | -31,710.00 |
| Mar 31, 2012 | -2.63 Mn |