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OlaTech Solutions (BOM:543578) Tax Expense : ₹16.8 Mil (TTM As of Sep. 2024)


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What is OlaTech Solutions Tax Expense?

OlaTech Solutions's tax expense for the months ended in Sep. 2024 was ₹9.7 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₹16.8 Mil.


OlaTech Solutions Tax Expense Historical Data

The historical data trend for OlaTech Solutions's Tax Expense 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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OlaTech Solutions Tax Expense Chart

OlaTech Solutions Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Tax Expense
1.81 0.43 1.19 4.54 11.63

OlaTech Solutions Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Tax Expense Get a 7-Day Free Trial Premium Member Only 2.47 2.07 4.48 7.15 9.67

OlaTech Solutions Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹16.8 Mil.

* 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.


OlaTech Solutions  (BOM:543578) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


OlaTech Solutions Tax Expense Related Terms

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OlaTech Solutions Business Description

Traded in Other Exchanges
N/A
Address
Thane-Belapur Road, Office No. 310, 3rd Floor, Rupa Solitaire, Millennium Business Park, Mahape, Navi Mumbai, MH, IND, 400 710
OlaTech Solutions Ltd is engaged in the business of Data Centre, Enterprise, Telecom, and IT software solutions in the Operations Support System and Business Support System segment. The company's software solutions are offered under the registered trademark Epiphany. It offers software solutions such as NOC tools, network monitoring, management and analytics, system integration services, telecom tower installation, network deployment, server virtualization services, IT equipment installation and management services, data center infrastructure management solutions, and others. The company has clients across different verticals such as Telcos, ISPs, Enterprises, Data Centre Service Providers, and Public Sector.

OlaTech Solutions Headlines

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