What is the formula of return on shareholder's funds?

 Profit after Tax / Shareholders’ Funds × 100

Return on Shareholders’ Fund = Profit after Tax / Shareholders’ Funds × 100

Return on Shareholders' Funds is an important financial ratio that measures the profitability of a company from the perspective of its shareholders. It shows how effectively a company is utilizing the funds provided by its shareholders to generate profits. A higher ROE is generally considered favorable, as it indicates that the company is generating more profits for its shareholders for each rupee of equity invested.
Net Income: The net profit or earnings after all expenses and taxes have been deducted. It can be found on the income statement of a company.
Shareholders' Equity: Also known as Owner's Equity, it represents the total value of shareholders' interest in the company.