NINtec Systems (BOM:539843) Tax Rate % : 25.16% (As of Sep. 2023)

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What is NINtec Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NINtec Systems's Tax Expense for the six months ended in Sep. 2023 was ₹20.1 Mil. NINtec Systems's Pre-Tax Income for the six months ended in Sep. 2023 was ₹79.8 Mil. Therefore, NINtec Systems's Tax Rate % for the quarter that ended in Sep. 2023 was 25.16%.

NINtec Systems Tax Rate % Historical Data

The historical data trend for NINtec 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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NINtec Systems Tax Rate % Chart

NINtec Systems Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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23.12

23.98

24.75

24.85

24.11

NINtec Systems Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Tax Rate %	Get a 7-Day Free Trial													25.19	25.36	24.46	25.16	-

NINtec Systems Tax Rate % Calculation

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

NINtec Systems'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 )
	=	49.287	/	204.435
	=	24.11 %

NINtec Systems's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	20.085	/	79.843
	=	25.16 %

NINtec Systems Tax Rate % Related Terms

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NINtec Systems (BOM:539843) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » NINtec Systems Ltd (BOM:539843) » Definitions » Tax Rate %

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NINSYS:India

Address

S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.nintecsystems.com

NINtec Systems Ltd is an offshore software development services and solutions company. The firm is involved in computer programming, consultancy, and related activities. The company provides services like Application Development and Maintenance, Strategic Offshore Software Product Development, Legacy System Development and Software Migration, and Search Engine Optimization. The firm specializes in areas of Dot Net Development, Game Development, PHP Development, ERP Wireless, Mobile and WAP Development. The group has also integrated cloud services into its existing business platform. The company serves industries such as Automotive, Print media and Publishing, Banking, Financial Services, and Insurance, and Transportation and Logistics sector.

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