Trust Fintech (NSE:TRUST) Tax Rate % : 25.17% (As of Sep. 2023)

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What is Trust Fintech Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trust Fintech's Tax Expense for the six months ended in Sep. 2023 was ₹24.5 Mil. Trust Fintech's Pre-Tax Income for the six months ended in Sep. 2023 was ₹97.3 Mil. Therefore, Trust Fintech's Tax Rate % for the quarter that ended in Sep. 2023 was 25.17%.

Trust Fintech Tax Rate % Historical Data

The historical data trend for Trust Fintech'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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Trust Fintech Tax Rate % Chart

Trust Fintech Annual Data

Trend

Mar21

Mar22

Mar23

Tax Rate %

25.29

25.13

25.66

Trust Fintech Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Tax Rate %	-	-	-	25.17

Trust Fintech Tax Rate % Calculation

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

Trust Fintech'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 )
	=	13.884	/	54.105
	=	25.66 %

Trust Fintech'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 )
	=	24.483	/	97.277
	=	25.17 %

Trust Fintech Tax Rate % Related Terms

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Trust Fintech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trust Fintech Ltd (NSE:TRUST) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gayatri Nagar Parsodi, Plot No. 11/4, I.T. Park, Nagpur, MH, IND, 440022

Website

https://www.softtrust.com

Trust Fintech Ltd is engaged in software development services and software solutions. The company delivers Software Solutions and Services across Banking, ERP Implementation, Customized Software Development, SAP B1, and Offshore IT Services. Its products are TrustBankCBS, MicroFinS, Loan Origination, GST Software, ERP Products, Fintech API, Digital Interface, Mobility Apps, BFSI Statutory Reports (ADF), Universal Digital Reconciliation, and others.

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