Siti Networks (NSE:SITINET) Tax Rate % : 1.20% (As of Sep. 2023)

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What is Siti Networks Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Siti Networks's Tax Expense for the three months ended in Sep. 2023 was ₹-10 Mil. Siti Networks's Pre-Tax Income for the three months ended in Sep. 2023 was ₹-850 Mil. Therefore, Siti Networks's Tax Rate % for the quarter that ended in Sep. 2023 was 1.20%.

Siti Networks Tax Rate % Historical Data

The historical data trend for Siti Networks'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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Siti Networks Tax Rate % Chart

Siti Networks Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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-3.95

4.37

0.77

-0.76

-0.36

Siti Networks Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															-2.57	-1.45	1.34	1.45	1.20

Siti Networks Tax Rate % Calculation

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

Siti Networks'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 )
	=	11.16	/	-3143.24
	=	-0.36 %

Siti Networks'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 )
	=	-10.22	/	-849.87
	=	1.20 %

Siti Networks Tax Rate % Related Terms

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Siti Networks (NSE:SITINET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Siti Networks Ltd (NSE:SITINET) » Definitions » Tax Rate %

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532795:India

Address

Film City - Plot No. 19 and 20, Sector -16A, Upper Ground Floor, Film City, Noida, UP, IND, 201 301

Website

https://www.sitinetworks.com

Siti Networks Ltd is an Indian-based multi-system cable operator. It is engaged in providing cable television network services, internet services, and allied services. Its products includes High-Speed Broadband, Digital Television, Broadband, Local Television Channels, and Electronic Programming. The company also provides a wide gamut of services ranging from OTT and High-speed gaming ready services to IoT Ready Network with security camera and surveillance services to even business solutions in the ILP & ILL domains. The company operates in a single business segment of cable distribution and earns revenue from the same.

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