TechNVision Ventures (BOM:501421) Tax Rate % : 3.34% (As of Dec. 2023)

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What is TechNVision Ventures Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TechNVision Ventures's Tax Expense for the three months ended in Dec. 2023 was ₹3 Mil. TechNVision Ventures's Pre-Tax Income for the three months ended in Dec. 2023 was ₹93 Mil. Therefore, TechNVision Ventures's Tax Rate % for the quarter that ended in Dec. 2023 was 3.34%.

TechNVision Ventures Tax Rate % Historical Data

The historical data trend for TechNVision Ventures'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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TechNVision Ventures Tax Rate % Chart

TechNVision Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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-0.21

-6.21

4.94

7.78

69.90

TechNVision Ventures 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															-1.94	5.60	-0.62	6.67	3.34

TechNVision Ventures Tax Rate % Calculation

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

TechNVision Ventures'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 )
	=	5.061	/	7.24
	=	69.90 %

TechNVision Ventures'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 )
	=	3.086	/	92.508
	=	3.34 %

TechNVision Ventures Tax Rate % Related Terms

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TechNVision Ventures (BOM:501421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TechNVision Ventures Ltd (BOM:501421) » Definitions » Tax Rate %

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Address

1486 (12-13-522), Lane No. 13, Street No. 14, Tarnaka, Secunderabad, TG, IND, 500017

Website

https://www.technvision.com

TechNVision Ventures Ltd is an India based company. It is an exporter of software services. The company is engaged in the segment of Software related Development services, products and Information Technology enabled services. The company divides its products into the groups of Enterprise Data Management, Enterprise Cash Flow Management and Enterprise Talent Management. Geographically, the customers of the company are located in India and overseas market, of which key revenue is derived from the Overseas sales.

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