Sofcom Systems (BOM:538923) Tax Rate % : 44.39% (As of Dec. 2023)

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What is Sofcom Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sofcom Systems's Tax Expense for the three months ended in Dec. 2023 was ₹0.44 Mil. Sofcom Systems's Pre-Tax Income for the three months ended in Dec. 2023 was ₹1.00 Mil. Therefore, Sofcom Systems's Tax Rate % for the quarter that ended in Dec. 2023 was 44.39%.

Sofcom Systems Tax Rate % Historical Data

The historical data trend for Sofcom Systems'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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Sofcom Systems Tax Rate % Chart

Sofcom Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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16.28

25.88

26.02

24.26

9.30

Sofcom Systems 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															-	-114.94	-	-	44.39

Sofcom Systems Tax Rate % Calculation

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

Sofcom Systems'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 )
	=	2.147	/	23.09
	=	9.30 %

Sofcom Systems'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 )
	=	0.443	/	0.998
	=	44.39 %

Sofcom Systems Tax Rate % Related Terms

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Sofcom Systems (BOM:538923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sofcom Systems Ltd (BOM:538923) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

D-36, Subhash Marg, Flat No. 802 Sheel Mohar Apartment, C-Scheme, Jaipur, RJ, IND, 302001

Website

http://www.sofcomsystems.com

Sofcom Systems Ltd provides consultancy for software development in the form of services, turnkey projects, and products for the domestic and export market. The software development is targeted towards the distribution, banking, telecommunication, and manufacturing sectors. It also offers software maintenance, reengineering, and downsizing of software applications in these market segments. The company is providing information technology solutions to both commercial and government clients. The Company is engaged in the trading of Software & other items and providing software consultancy in India. The Company derives revenues from sale of software and consultancy.

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