Coforge (BOM:532541) Tax Rate % : 19.75% (As of Mar. 2024)

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What is Coforge Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coforge's Tax Expense for the three months ended in Mar. 2024 was ₹564 Mil. Coforge's Pre-Tax Income for the three months ended in Mar. 2024 was ₹2,856 Mil. Therefore, Coforge's Tax Rate % for the quarter that ended in Mar. 2024 was 19.75%.

Coforge Tax Rate % Historical Data

The historical data trend for Coforge'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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Coforge Tax Rate % Chart

Coforge Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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21.46

21.84

17.04

21.67

20.03

Coforge 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															24.51	21.63	21.94	17.53	19.75

Coforge Tax Rate % Calculation

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

Coforge'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 )
	=	2093	/	10449
	=	20.03 %

Coforge'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 )
	=	564	/	2856
	=	19.75 %

Coforge Tax Rate % Related Terms

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Coforge (BOM:532541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Coforge Ltd (BOM:532541) » Definitions » Tax Rate %

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COFORGE:India

Address

Guru Ravi Das Marg, 8, Balaji Estate, Third Floor, Kalkaji, New Delhi, IND, 110 019

Website

https://www.coforge.com

Coforge Ltd provides a variety of information technology, or IT, services. The firm's services include infrastructure management, business process, application and network testing, systems integration IP asset-based solutions, and digital services. The company's customers typically operate in the travel and transportation, banking and financial services, insurance, manufacturing, and media industries. The geographical segments of the company include Americas and Canada, Europe, Middle East and Africa, and Asia Pacific.

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