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

Cigniti Technologies (NSE:CIGNITITEC) Tax Rate % : 27.11% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Cigniti Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cigniti Technologies's Tax Expense for the three months ended in Mar. 2024 was ₹101 Mil. Cigniti Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was ₹372 Mil. Therefore, Cigniti Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was 27.11%.


Cigniti Technologies Tax Rate % Historical Data

The historical data trend for Cigniti 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.

* Premium members only.

Cigniti Technologies Tax Rate % Chart

Cigniti Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.06 25.32 24.50 24.06 24.86

Cigniti Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.67 22.94 25.33 23.89 27.11

Cigniti Technologies Tax Rate % Calculation

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

Cigniti 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 )
=547.837/2203.757
=24.86 %

Cigniti 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 )
=100.935/372.29
=27.11 %

* 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.


Cigniti Technologies Tax Rate % Related Terms

Thank you for viewing the detailed overview of Cigniti Technologies's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cigniti Technologies (NSE:CIGNITITEC) Business Description

Traded in Other Exchanges
Address
MGR Estates, Dwarakapuri Colony, Suite No. 106 and 107, 6-3-456/C, Punjagutta, Hyderabad, TG, IND, 500082
Cigniti Technologies Ltd is an India-based company engaged in Independent Software Testing Services. Its test offerings include Quality Engineering, Advisory and Transformation, Next Generation Testing, and Core Testing. The company's services include Agile testing, DevOps QA, Service Virtualization, Test Data Management, mobile testing, digital QA, Big Data and analytics testing, e-commerce testing, energy and utilities, medical device testing and game testing. It also provides functional testing, test automation, performance testing, security testing, enterprise resource planning (ERP) testing, regression testing, and globalization testing amongst others.

Cigniti Technologies (NSE:CIGNITITEC) Headlines

No Headlines