Cambridge Technology Enterprises (BOM:532801) Tax Rate % : 22.29% (As of Mar. 2024)

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What is Cambridge Technology Enterprises Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cambridge Technology Enterprises's Tax Expense for the three months ended in Mar. 2024 was ₹13 Mil. Cambridge Technology Enterprises's Pre-Tax Income for the three months ended in Mar. 2024 was ₹58 Mil. Therefore, Cambridge Technology Enterprises's Tax Rate % for the quarter that ended in Mar. 2024 was 22.29%.

Cambridge Technology Enterprises Tax Rate % Historical Data

The historical data trend for Cambridge Technology Enterprises'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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Cambridge Technology Enterprises Tax Rate % Chart

Cambridge Technology Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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12.23

6.39

16.67

19.68

30.62

Cambridge Technology Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															236.95	-9.56	-6.65	6.17	22.29

Cambridge Technology Enterprises Tax Rate % Calculation

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

Cambridge Technology Enterprises'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 )
	=	24.619	/	80.405
	=	30.62 %

Cambridge Technology Enterprises's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	12.991	/	58.292
	=	22.29 %

Cambridge Technology Enterprises Tax Rate % Related Terms

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Cambridge Technology Enterprises (BOM:532801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cambridge Technology Enterprises Ltd (BOM:532801) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CTE:India

Address

Image Gardens Road, Survey No.72, 4th Floor, Unit no. 403B & 404, Capital Park, Plot No. 1-98/4/1-13, 28 & 29, Madhapur, Hyderabad, TG, IND, 500 081

Website

https://www.ctepl.com

Cambridge Technology Enterprises Ltd is a business and technology company. It is engaged in software development and information technology (IT) related activities. The company offers various services, which include AI and data, application services, IOT services, and infrastructure and cloud services. The group derives revenue from India, the USA, Malaysia, and others, of which prime revenue is generated from the USA.

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