Onward Technologies (NSE:ONWARDTEC) Tax Rate % : 25.81% (As of Mar. 2024)

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What is Onward Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Onward Technologies's Tax Expense for the three months ended in Mar. 2024 was ₹23 Mil. Onward Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was ₹90 Mil. Therefore, Onward Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was 25.81%.

Onward Technologies Tax Rate % Historical Data

The historical data trend for Onward Technologies'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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Onward Technologies Tax Rate % Chart

Onward Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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35.32

25.22

25.59

36.33

24.89

Onward Technologies 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															40.50	19.38	25.38	30.98	25.81

Onward Technologies Tax Rate % Calculation

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

Onward Technologies'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 )
	=	112.393	/	451.57
	=	24.89 %

Onward Technologies'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 )
	=	23.238	/	90.052
	=	25.81 %

Onward Technologies Tax Rate % Related Terms

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Onward Technologies (NSE:ONWARDTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Onward Technologies Ltd (NSE:ONWARDTEC) » Definitions » Tax Rate %

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517536:India

Address

Dr. Annie Besant Road, Sterling Centre, 2nd Floor, Worli, Mumbai, MH, IND, 400 018

Website

https://www.onwardgroup.com

Onward Technologies Ltd is an Indian company that is engaged in the sale of user license software, professional services, consultancy services, training, and others. Its business activities include product design, simulation engineering, automation solutions, engineering change management, and others. It has one operating segment which is Engineering Design and IT services. The majority of the company's revenue comes from India. It also operates outside India.

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