Avance Technologies (BOM:512149) Tax Rate % : 6.68% (As of Mar. 2024)

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What is Avance Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Avance Technologies's Tax Expense for the three months ended in Mar. 2024 was ₹2 Mil. Avance Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was ₹22 Mil. Therefore, Avance Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was 6.68%.

Avance Technologies Tax Rate % Historical Data

The historical data trend for Avance 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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Avance Technologies Tax Rate % Chart

Avance Technologies Annual Data

Trend

Mar15

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Mar24

Tax Rate %

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19.24

2.98

Avance 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															330.03	-	-	-	6.68

Avance Technologies Tax Rate % Calculation

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

Avance 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 )
	=	1.5	/	50.321
	=	2.98 %

Avance 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 )
	=	1.5	/	22.441
	=	6.68 %

Avance Technologies Tax Rate % Related Terms

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Avance Technologies (BOM:512149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Avance Technologies Ltd (BOM:512149) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office No. 226/227, Second Floor, Majestic Center, 144 Opera House, Mumbai, MH, IND, 400002

Website

https://www.avance.in

Avance Technologies Ltd is engaged in the trading of information technology software products. The company's principal activities include software and hardware resale. Its products and services include short code services, enterprises mobile marketing, mobile marketing solution suit, electronic mail, and web integration, ad insertion program, wireless application protocol, mobile coupons page elements, OBD and IBD, e-mail marketing, call conferencing platform, and subscriber management platform. The firm generates revenue from the sale of IT products.

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