Systems (KAR:SYS) Tax Rate % : 9.36% (As of Sep. 2024)

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What is Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Systems's Tax Expense for the three months ended in Sep. 2024 was ₨226 Mil. Systems's Pre-Tax Income for the three months ended in Sep. 2024 was ₨2,414 Mil. Therefore, Systems's Tax Rate % for the quarter that ended in Sep. 2024 was 9.36%.

Systems Tax Rate % Historical Data

The historical data trend for 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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Systems Tax Rate % Chart

Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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2.08

5.17

1.22

5.04

6.37

Systems Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															-0.69	26.17	10.71	2.53	9.36

Systems Tax Rate % Calculation

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

Systems's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	590.732	/	9279.622
	=	6.37 %

Systems's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	225.908	/	2414.418
	=	9.36 %

Systems Tax Rate % Related Terms

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Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Systems Ltd (KAR:SYS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Sehjpal Near DHA Phase -VIII, E-1, (Ex.-Air Avenue), Lahore Cantontment, Lahore, PB, PAK

Website

https://www.systemsltd.com

Systems Ltd is principally engaged in the business of software development, trading of software, and business process outsourcing services. It is organized into business units based on their geographical areas and has three reportable operating segments as follows: North America, the Middle East, Europe, and Pakistan. Geographically the company receives maximum revenue from North America. Its service portfolio comprises archiving services, indexing, data entry, systems re-engineering, application development and maintenance, process consulting, and staff augmentation.

Systems Headlines

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